A corporation issued $208000, 9%, 5-year bonds on January 1, 2021 for $225299 which reflects an effective-interest rate of 7%. Interest is paid semi-annually on January 1 and July 1. The amount of bond interest expense to be recognized on July 1, 2021, is (Round intermediate calculations to decimal places.) O $9360. O $10138. O $7280. O $7885. Save for Later Attempts: 0 of 1 used Submit