flow/connect.html 0 and 11 MIC Help Save& Exit Submit 3 A company issued 5-year, 5% bonds with a par value of $96,000. The company received $93.947 for the bonds. Using the straight. line method, the amount of interest expense for the first semiannual interest period is: $2,400.00 $2,605.30 $4,800.00 3