19, 2.50 points MC Qu. 122 A company issued... A company issued 5year, 14.00% bonds with a par value of $114,000. The market rate when the bonds were Issued was 13.50%. The company received $116,399 cash for the bonds. Uslng the effective Interest method, the amount of recorded Interest expense for the first semlannual interest period is: O $7856.93. O $3990.00. O $15.960.00. O $798000. O $15650.94. References