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FILA issued $100,000 worth of 5 year, 7% bonds. The current market rate was 7.5 %. Fila received $97.947 for the bonds. Using the straight

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FILA issued $100,000 worth of 5 year, 7% bonds. The current market rate was 7.5 %. Fila received $97.947 for the bonds. Using the straight line method, the amount of discount amoritized for the first semi-annual payment was $3,428.15 $3.70530 $205.30 $0.00 $173.01

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