Bolton Corporation issued $1,900,000, 15-year, 8% bonds for $1,729,000 on January 1, 2019. Interest is paid semiannually on January 1 and July 1. The corporation uses the straight-line method of amortization. Bolton's fiscal year ends on December 31. The amount of discount amortization on July 1, 2019, would be

Bolton Corporation issued $1,900,000, 15-year, 8% bonds for $1,729,000 on January 1, 2019. Interest is paid semiannually on January 1 and July 1. The corporation uses the straight-line method of amortization. Bolton's fiscal year ends on December 31. The amount of discount amortization on July 1, 2019, would be O A. $152,000 O B. $171,000 O C. $11,400 O D. $5,700