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On January 1, a $933,000, 10%, 5-year bond was issued for $905,010. Interest is paid semiannually on January 1 and July 1. If the issuing

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On January 1, a $933,000, 10%, 5-year bond was issued for $905,010. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize the discount on bonds payable, the semiannual amortization amount is Oa. $27,990 Ob. $5,598 Oc. $2799 Od. $46,650

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