11. Jambo Corp. sold 10-year, 10% bonds with a face amount of $100,000 on January 2, 2013. The issue price was 103. Over the bonds' 10-year life, how much interest expense, in total, will Jambo Corp. report in its income statement? a. $97,000 b. $100,000 c. $ 103,000 d. $200,000 e. None of the above