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A company issued 5-year. 6% bonds with a par value of $108,000 The company received $105, 947 for the bonds. Using the straight line method,

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A company issued 5-year. 6% bonds with a par value of $108,000 The company received $105, 947 for the bonds. Using the straight line method, the amount of interest expense for the first semiannual interest period is: $6, 480.00. $3,034.70. $6, 890.60. $3, 445.30. $3, 240.00

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