Balance Sheet $($Partial$)$

December $31,2023$

Bonds Payable

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:

Premium on Bonds Payable

$

$1,400,000$

$86,936$

$1,486,936$

$($c$)$

Your answer is partially correct.

What amount of interest expense is reported for $2023?$

Interest expense

$

Would the bond interest expense reported in $2023$ be the same as$,$ greater than, or less than the amount that would be reported if the straight$-$line method of amortization were used? $($Round answers to $0$ decimal places, e$.$g$.15,250.)$

The bond interest expense reported in $2023$ will be $$ the amount that would be reported if the straight$-$line meth

What is the intrest expense reported for $2023?$