Levi Company issued $84,000 of 9% bonds on January 1 of the current year at face value. The bonds pay interest semiannually on Jaruary 1 and July 1 . The bonds are doted 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 1. 5630 b. 57560 c. 53.780 d. 55,670