On January 1, 2021, Red Corporation issues $300,000, 5-year, 6% bonds at 95. Interest is paid semiannually on January 1 and July 1. Orange Corporation uses the straight-line method of amortization. The company's fiscal year ends on December 31. How much Discount on Bonds Payable would be amortized on December 31, 2021?

Group of answer choices

$15,000

$1,500

$9,000

No Discount on Bonds Payable is amortized on that date.