On January 1, 2019, Barton Company issued $200,000, five-year, 10% bonds for $191,000. The bonds were dated January 1, 2019, and interest is payable each January 1 and July 1. Barton uses the straight-line method of amortization. How much is the semi-annual interest expense when the straight-line method of amortization is utilized?

A.

$10,900.

B.

$18,200.

C.

$21,800.

D.

$29,000.

On January 1, 2019, Barton Company issued $200,000, five-year, 10% bonds for $191,000. The bonds were dated January 1, 2019, and interest is payable each January 1 and July 1. Barton uses the straight-line method of amortization. How much is the book value of the bonds after the December 31, 2019 interest payment was recorded using the straight-line method of amortization?

A.

$200,000.

B.

$191,000.

C.

$192,800.

D.

$198,200.