A company issued 5-year, 8% bonds with a par value of $100,000. The market rate when the bonds were issued was 7.5%. The company received $101,319 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is: $4,000.00 $131.90 $4,131.90 $101,319.00. $3,868.10