Denver Co. issued bonds with a face value of $100,000 and a stated interest rate of 8%. The bonds have a life of five years and were sold for $102, 500. If Denver amortizes discounts and premiums using the straight-line method, the amount of interest expense each full year would be: Select one: A. $8,000. B. $8, 200. C. $8, 500 D. $7, 500