A company issued 6-year, 8% bonds with a par value of $150,000. The market rate when the bonds were issued was 7.5%. The company received $153,571 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is: Multiple Choice $6,241.68. $5,702.42 a O $6,000.00 O $11,514.68. . $12,000.00