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Levi Company issued $74,000 of 9% bonds on January 1 of the current year at face value. The bonds pay interest semiannually on January

Levi Company issued $74,000 of 9% bonds on January 1 of the current year at face value. The bonds pay interest semiannually on January 1 and July 1. The bonds are dated January 1 and mature in 5 years on January 1. The total interest expense related to these bonds for the current year ending on December 31 is Oa. $555 Ob. $6,660 Oc. $3,330 Od. $4,995

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