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Coronado Company received proceeds of $310200 on 10-year, 6% bonds issued on January 1,2020 . The bonds had a face value of $330000, pay interest

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Coronado Company received proceeds of $310200 on 10-year, 6% bonds issued on January 1,2020 . The bonds had a face value of $330000, pay interest annually on December 31 , and have a call price of 101. Coronado uses the straight-line method of amortization. What is the amount of interest Coronado must pay the bondholders in 2020 ? $17820 $18480 $19800 $21780

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