On January 1, $816,000, 5-year, 10% bonds, were issued for $791,520. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize discount on bonds payable, what is the semiannual amortization amount? Select the correct answer. O $4,896 O $2,448 O $24,480 O$40,800