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15. Rikki Company received proceeds of $188,000 on 10-year, 6% bonds issued on January 1, 2020. The bonds had a face value of $200,000, pay

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15. Rikki Company received proceeds of $188,000 on 10-year, 6% bonds issued on January 1, 2020. The bonds had a face value of $200,000, pay interest annually on December 31, and have a call price of 101. Rikki uses the straight-line method of amortization. What is the amount of interest Rikki must pay the bondholders in 2020

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