On January 1, 2018, Statewide Sales issued

$33,000

in bonds for

$19,700.

These are

sixyear

bonds with a stated rate of

15%

and pay semiannual interest. Statewide Sales uses the

straightline

method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows:

Bonds Payable

	33,000

Discount on Bonds Payable

13,300

After the second interest payment on December 31, 2018, what is the balance of Discount on Bonds Payable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

A.

debit of $14,408

B.

credit of $13,300

C.

debit of $12,192

D.

debit of $11,083