Cramer Company sold five-year, 9% bonds on October 1, 2016. The face amount of the bonds was $120,000, while the Issue price was $126,000. 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, 2016, Income statement (assume straight-line amortization)? (Do not round intermediate calculations.) O $2700 O $2,835 O $2100 O $2,400