A company issues

$15800000

, 5.8%, 20-year bonds to yield

6%

on January 1, 2024. Interest is paid on June 30 and December 31 . The\ proceeds from the bonds are

$15434787

. What is interest expense for 2025 if the straight-line method of amortization is used?\

$928349

\

$916400

\

$1290024

\

$934661

A company issues $15800000, 5.8\%, 20-year bonds to yield 6\% on January 1, 2024. Interest is paid on June 30 and December 31 . The proceeds from the bonds are $15434787. What is interest expense for 2025 if the straight-line method of amortization is used? \begin{tabular}{||l|||} \hline$928349 \\ $916400 \\ $1290024 \\ $934661 \\ \hline \end{tabular}