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14-4A (Algo) Straight-Line: Amortization of bond discount LO P2 Skip to question [The following information applies to the questions displayed below.] Legacy issues $560,000 of

14-4A (Algo) Straight-Line: Amortization of bond discount LO P2 Skip to question [The following information applies to the questions displayed below.] Legacy issues $560,000 of 9.0%, four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $507,831 when the market rate is 12%. Problem 14-4A (Algo) Part 2 2. Determine the total bond interest expense to be recognized over the bonds' life

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