A Corporation Retired $200,000 of Bonds, Which Have an Unamortized

Multiple Choice

A corporation retired $200,000 of bonds, which have an unamortized premium of $8,000, by purchasing them on the open market for $210,000. How much was the gain or loss on the retirement of the bonds?

A) There was a $10,000 loss.
B) There was a $2,000 loss.
C) There was a $10,000 gain.
D) There was an $18,000 loss.