Mcintarfer Corporation issued $400,000 of 6%, 15-year bonds payable on January 1, 2022. The market interest rate when the bonds were issued was 9%. Interest is paid semiannually on January 1 and July 1. The first interest payment is July 1, 2022. Using the effective-interest amortization method, how much interest expense will Mcintarfer record on July 1, 2022? Use Excel to calculate the issue price. (Round intermediary calculations to the nearest whole dollar.) OA. $1,602 OB. $18,000 O C. $9,068 OD. $12,000 OE. $13,602