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On January 1, 2021, Bantam Company issues a $1,000,000 face value, 4%, 5-year bond. Interest is paid semiannually each June 30 and December 31. The

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On January 1, 2021, Bantam Company issues a $1,000,000 face value, 4%, 5-year bond. Interest is paid semiannually each June 30 and December 31. The bonds sold at a price of 102; Bantam uses the straight-line method of amortizing bond discount or premium. Interest paid by Bantam Company to the bondholders at June 30, 2021 will be: Select one: O a $20,000 b. $22,000 Oc$18,000, @d. $40,000

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