On January 1, 2011, $969,000, 5-year, 10% bonds, were issued for $939,930. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize discount on bonds payable, what is the semiannual amortization amount? Select the correct answer. a. $48,450 b. $2,907 c. $5,814 d. $29,070 *Please show how you came up with the answer. Thank