Check my w A company issued 5-year, 10.00% bonds with a par value of $110,000. The market rate when the bonds were issued was 9.50%. The company received $112,315 cash for the bonds. Using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is: Multiple Choice $5,500.00. $11,000.00. $5,334.96. $10,607.00. $2.750.00