36) Schmid Corporation issues $540,000, 8% 5-year bonds on January 1, 2017 for $489,000. Interest is paid semiannually on January 1 and July 1. If Schmid uses the straight-line method of amortization of bond discount, the amount of bond interest expense on July 1, 2017 is: A) $16,500. B) $48,300. C) $26,700. D) $21,600