Myrtle Company sells $100,600 of 18% 22-year bonds for 91 on April 1, 2020 The market rate of interest on that day is 18% Interest is paid each yea $91,546. The amount of interest expense on April 1 of each year will be which of the following? (Round your answers to the nearest whole dollar.) O A. $12,311 B. $18,242 C. $18,520 D. $12,108 E. None of these The interest expense is S mat day is 18s Interest is paid each year on April 1. Myrtle Company uses the straight-line amortization method. The sale price of the bonds was