Hocker Company issues $200,000 of ten year, 8% bonds to yield 10% on January 1, 20X1. The bonds pay interest annually on December 31 The bonds were sold at a discount of $24,578 The amount of cash interest paid in 20X2 is: Multiple Choice $16.000 $18,000 $16,000 $18,000. O $19.080. $20,000