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On January 1, 2017, Carter Sales issued $25,000 in bonds for $19, 700. These are six-year bonds with a stated interest rate of 9%, and

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On January 1, 2017, Carter Sales issued $25,000 in bonds for $19, 700. These are six-year bonds with a stated interest rate of 9%, and pay semiannual interest. Carter Sales uses the straight-line method to amortize the Bond Discount. What amount is debited to Interest Expense on June 30, 2017? (Round your answer to the nearest dollar.) A. $442 B. $10, 975 C. $1, 567 D. $1, 125

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