1 SavedHelp Save & Exit Su A company issued 5-year, 5% bonds with a par value of $104,000. The company received $101,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is: Multiple Choice $2,805.30. $5,610.60 $2,600.00 Prev 23 of 25 Next >