Which of the following is not an accurate statement regarding the retirement of debt? (a) when debt is retired on the maturity date, the book value is always equal to the market value.(b) the gain or loss on the extinguishment of debt is categorized on the income statement as part of continuing operations.(c) when debt is retired before the maturity date, a loss occurs if the market rate of interest increased subsequent to the issue of the bond.(d) when debt is retired before the maturity date, a gain occurs if the market rate of interest increased subsequent to the issue of the bond.