on January 1 of the current year, the Queen Corporation issued 8% bonds with a face value of $60,000. The bonds are sold for $58,200. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, five years from now. Queen records straight-line amortization of the bond discount. Determine the bond interest expense for the year ended December 31 Select the correct answen. $4,800 $5,160 $400 $1,800