A Company Retired $500,000 of Bonds,which Have an Unamortized Discount

Multiple Choice

A company retired $500,000 of bonds,which have an unamortized discount of $10,000,by repurchasing them for $500,000.What is the amount of the gain or loss on the retirement of the bonds?

A) There was no gain or loss.
B) There was a $10,000 loss.
C) There was a $10,000 gain.
D) There was a $500,000 loss.