Current Attempt in Progress On January 3, 2020, Ivanhoe Company acquires $410000 of Concord Company's 10 -year, 10% bonds at a price of $432090 to yield 8%. Interest is payable each December 31 . The bonds are classified as held-to-maturity. Assuming that Ivanhoe Company uses the straight-line method, what is the amount of premium amortization that would be recognized in 2022 related to these bonds? $2209 $6950 $5918 $6433