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A company issues $15400000,5.8%,20-year bonds to yield 6% on January 1,2020 . Interest is paid on June 30 and December 31 . The proceeds from
A company issues $15400000,5.8%,20-year bonds to yield 6% on January 1,2020 . Interest is paid on June 30 and December 31 . The proceeds from the bonds are $15044032. What is interest expense for 2021 , using straight-line amortization? $1266361$910998$893200$903047
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