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On January 1, 2020, Evil Ways Company issued 10-year bonds with a face value of $1,000,000 and an 8% coupon rate. The bonds were issued

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On January 1, 2020, Evil Ways Company issued 10-year bonds with a face value of $1,000,000 and an 8% coupon rate. The bonds were issued to yield a 10% return. The bonds pay interest on June 30 and December 31. Evil Ways uses the straight-line method of amortizing bond discounts and premiums. How much interest expense will be recognized on the second interest payment on December 31, 2020? O $43,205 O $33,769 O $46,231 $56,795

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