16.

on January 1 of the current year, Barton Corporation issued 7% bonds with a face value of $120,000. The bonds are sold for $114,000. The bonds pay interest semiannually on June 30 and December 31, and the bond discount. The bond interest expense for the year ended December 31 is O a. $600 Ob. $9,600 the maturity date is December 31, five years from now. Barton records straight line amortization of c, $4,200 Od. $10,200