Multiple Choice Question 7o A company issues $16600000, 5.8%, 20-year bonds to yield 6% on January 1, 2017, Interest is paid on June 30 and December 31. The proceeds from the bonds are $16216295. What is interest expense for 2018, using straight-line amortization? O $974034 O $981985 O $962800 O $13373418