Cramer Company sold five-year, 6% bonds on October 1, 2021. The face amount of the bonds was $180,000, while the issue price was $190,000. Interest is payable on April 1 of each year. The fiscal year of Cramer Company ends on December 31. How much interest expense will Cramer Company report in its December 31, 2021, income statement (assume straight-line amortization)? (Do not round Intermediate calculations.) Multiple Choice O $1,700. $2,200. $2,700 $2,850. *Untitled - Notepad File Edit Format View Help NO NEED TO PROVIDE WORK, I JUST NEED THE CORRECT ANSWER, NOTHING MORE. PLEASE DO NOT WASTE YOUR TIME TO SHOW WORK < 100% Windows (CRLF) UTF-8