On January 1, 2019, Sean purchased an 8%. $100.000 corporate bond for $92,277. The bond was issued on January 1, 2019, and matures on January 1, 2024 Interest is paid semiannually, and the effective yield to maturity is 10% compounded semiannually. On July 1, 2020, Sean sells the bond for $95,949. A schedule of interest amortization for the bond follows: Click the icon to view the interest amortization schedule.) Read the requirements Requirement a. How much interest income must Sean recognize in 2019? The amount of interest income that Sean must recognize in 2019 is Data Table Amortization of Discount (2) $ 614 645 677 711 6-30-19 12-31-19 6-30-20 12-31-20 6-30-21 12-31-21 6-30-22 12-31-22 6-30-23 12-31-23 Interest Received (1) $ 4.000 4,000 4,000 4,000 4.000 4,000 4,000 4,000 4,000 4,000 Interest Income (3) = (1) + (2) $ 4,614 4,645 4,677 4,711 4,747 4,783 4,823 4,864 4,907 4,952 747 783 823 864 907 952 Print Done