On January 1, 2015. Carter Sales issued $15.000 in bonds for $14,700. They were 6 - year bonds with a stated rate of 9%, and pay semiannual interest Carter Sales uses the straight - line method to amortize the Bond Discount. On June 30, 2015. when Carter makes the first payment to bondholders, how much will they report as Interest Expense. $700 $675 $25 $825