On January 1 of the current year, Barton Corporation issued 12% bonds with a face value of $117,000. The bonds are sold for $111,150. The bonds pay interest semiannually on June 30 and December 31, and the maturity date is December 31, five years from now. Barton records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 is a. $7,020 b. $15,210 Oc. $15,795 d. $585