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Discount-Mart issues $15 million in bonds on January 1, 2021 The bonds have a ten year term and pay interest semiannually on June 30 and

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Discount-Mart issues $15 million in bonds on January 1, 2021 The bonds have a ten year term and pay interest semiannually on June 30 and Decembench wow albond amortion schedule for the bonds Cash Paid Interest Expense Increase in Carrying Valu Date 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 $450,000 450,000 450,000 450,000 $518,458 521, 196 524,044 527,006 $68,458 71,196 74,044 77,000 Carrying Value $12,961,451 13,029,909 13,101,105 13,175,149 13,252,155 What is the interest expense on the bonds in 2021 Multiple Choice $900.000 O $18.458 S1039654 $52096

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