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Multiple Choice Question 156 A corporation issues $210000, 10%, 5-year bonds on January 1, 2017, for $201300. Interest is paid annually on January 1. If

Multiple Choice Question 156 A corporation issues $210000, 10%, 5-year bonds on January 1, 2017, for $201300. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in December 31, 2017's adjusting entry is $22740. $21000. $19260. O $1740

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