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Carolina McKnight Antiques issued its 11%, 20-year bonds payable at a price of $148,060 (face value is $200,000). The company uses the straight-line amortization method

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Carolina McKnight Antiques issued its 11%, 20-year bonds payable at a price of $148,060 (face value is $200,000). The company uses the straight-line amortization method for the bond discount or premium. Interest expense for each year is (Round your answer to the nearest whole dollar.) O A. $19,403 O B. $22,000 O C. $24.597 OD. $16,287

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