Emma Company purchased a machine from Noah Corporation on October 31, 2016. In payment for the $234,000 purchase, Emma issued a one-year installment note to be paid in equal monthly payments of $20,791 at the end of each month. The payments include interest at an annual rate of 12%. When recording the November 30, 2016 payment, the debit to Notes Payable will be $_ on 13 0 out of 0.2 points Enterprise Group issued $100,000 of 4-year, 6% bonds outstanding on December 31, 2015 for $103,000. Enterprise uses straight-line amortization. On April 1, 2016, $50,000 of the bonds were retired at 96. What is the book value of the bonds sold on April 1? on 14 0 out of 0.2 points On January 1, 2016, Solo Inc. issued 208,000 of its 6% bonds at 104. Interest is payable semiannually on January 1 and July 1. The bonds mature in ten years. Solo uses straight-line amortization. The amount of interest expense for the year is