MSG Corporation issued $111,000 of 3-year, 5% bonds outstanding on December 31, 2020 for $114,000. The bonds pay interest annually and MSG uses straight-line amortization. On May 1, 2021, $11,100 of...

MSG Corporation issued $111,000 of 3-year, 5% bonds outstanding on December 31, 2020 for $114,000. The bonds pay interest annually and MSG uses straight-line amortization. On May 1, 2021, $11,100 of the bonds were retired at 118. As a result of the retirement, MSG will report:(Do not round intermediate calculations and round final answer to nearest whole dollar.)