Assume that the following information is relevant for one of the bond issues of Chris Company: Face value Bond term Stated interest rate Market interest rate lssue date $800,000 15 years 126 896 July 1, 2012 The total amount of interest expense to be recognized on December 31, 2012 (the first interest payment date) using the straight line interest method is: $52,549.12. $65,584.96 $72,737.28 $43,056.64 none of the above. O