Jestion 40 of 40 1 ww Polkies arrent Attempt in Progress A corporation issued 5600000, 10%, 7year bonds on January 1, 2021 for $648666, which reflects an effective interest rate at 7% Interest is paid annually on January 1. If the corporation uses the effective interest method of amortization of bond gremium the amount of bond interest expense to be recognized on December 31, 2021, 560000 $42 564867 545407 Attempts of used btner