gordon company has had bonds payable of $15,000 outstanding for several years. on january 1, 2021, when there was an unamortized discount of $2,500 and a remaining life of 5 years, its 80% owned subsidiary, jacobson company, purchased the bonds in the open market for $18,000. the bonds pay 7% interest annually on december 31. the companies use the straight-line method to amortize interest revenue and expense. compute the consolidated gain or loss on a consolidated income statement for 2021. a) $5,500 gain. b) $5,500 loss. c) $3,000 gain. d) $3,000 loss. e) no gain or loss. a. d b. a c. c d. b e. e