A Lopez Plastics Co. (LP) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortization schedule from issuance until maturity Decrease in Cash interest Effective interest balance 02-14.30 $7,000 $789 813 7.000 Date 1/1/2021 6/30/2021 12/31/2021 6/30/2022 12/31/2022 6/30/2023 12/31/2023 6/30/2024 12/31/2024 7,000 7,000 7,000 7.000 7,000 7,000 $6,211 6,187 6,163 6,137 6,112 6,085 6,057 6,029 Outstanding balance $207,020 206,230 205,417 204,580 203,717 202,829 201,913 200,971 200,000 915 943 971 LPC issued the bonds: 14 Multiple Choice (8 02:14:18 O At a premium At a discount Cannot be determined from the given information At par