On January 1, 2014, the Kings Corporation issued 10% bonds with a face value of $90,000. The bonds are sold for $88,200. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, 2023. Kings records straight-line amortization of the bond discount. Determine the bond interest expense for the year ended December 31, 2014. Select the correct answer.

$1,800

$9,180

$9,000

$8,820