amortization amount is a. $2,805 b. $5,610 c. $46,750 d. $28,050

On January 1, a $935,000, 10%, 5-year bond was issued for $906,950. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize the discount on bonds payable, the semiannual amortization amount is O a. S2,aos Ss,610 S46,7so S28,oso