Jack Company sold $900,000 of 4%, 10-year bonds at 98 on January 1, 2022. The bonds...

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Jack Company sold $900,000 of 4%, 10-year bonds at 98 on January 1, 2022. The bonds were dated January 1, 2022 and pay interest on June 30 and December 31. If Jack uses the straight-line amortization, the amount of interest expense for year 2022 would be: O $34,200 $37,800 O $36,000 $37,200 Jack Company sold $900,000 of 4%, 10-year bonds at 98 on January 1, 2022. The bonds were dated January 1, 2022 and pay interest on June 30 and December 31. If Jack uses the straight-line amortization, the amount of interest expense for year 2022 would be: O $34,200 $37,800 O $36,000 $37,200