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On January 1, Hartley Company sold $900,000,10-year, 9% bonds for $885,000. Interest is to be paid annually on January 1 . If the issuing corporation

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On January 1, Hartley Company sold $900,000,10-year, 9% bonds for $885,000. Interest is to be paid annually on January 1 . If the issuing corporation uses the straight-line method to amortize discounts and premiums on bonds payable, the annual amortization amount is $1,350. $7,600. $8,100 $15,000 $1,500

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