K Baird Corporation issued $2,200,000, 10-year, 4% bonds for $2,178,000 on January 1, 2022. Interest is paid semiannually on January 1 and July 1. The corporation uses the straight-line method of amortization. Baird's fiscal year ends on December 31. The amount of discount amortization on July 1, 2022, would be OA. $88,000. OB. $1,100. O C. $2,200. O D. $22,000.

Baird Corporation issued $2,200,000,10-year, 4% bonds for $2,178,000 on January 1,2022 . Interest is paid semiannually on January 1 and July 1 . The corporation uses the straight-line method of amortization. Baird's fiscal year ends on December 31. The amount of discount amortization on July 1,2022, would be A. $88,000 B. $1,100 C. $2,200 D. $22,000