On January 1, Elias Corporation issued 11% bonds with a face value of $94,000. The bonds are sold for $91,180. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, 10 years from now. Ellas records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 of the first year is $10,622 b. 5862 Ce $10,340 4 $2,820 Maut