Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortization schedule from issuance until maturity: Cash Effective Decrease in balance interest interest Date 1/1/2021 6/30/2021 12/31/2021 6/30/2022 12/31/2022 6/30/2023 12/31/2023 6/30/2024 12/31/2024 $ 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 $ 6,211 6,187 6,163 6,137 6,112 6,085 6,057 6,029 $ 789 813 837 863 888 915 943 971 Outstanding balance $ 207,020 206,230 205,417 204,580 203,717 202,829 201,913 200,971 200.000 LPC issued the bonds: O At a premium. Cannot be determined from the given information. O At a discount. At par