Liveson Corporation issued ten thousand $1,000 bonds on January 1, 2021. The bonds have a 10-year term and pay interest semiannually. This Is the partial bond amortization schedule for the bonds. Payment Cash Effective Decrease in Interest Balance 400,000 400,000 400,000 400,000 344,632 342,971 341,261 Outstanding Balance 11,487,747 11,432,379 11,375, 350 11.316.611 55,368 57,029 58,739 What is the interest expense on the bonds for the year 2022? Multiple Choice $800,000 $680,759. What is the interest expense on the bonds for the year 2022? Multiple Choice $800,000. $680,759. $342,971. $19,241