On January 1,2023, ChepeCo issues $600,000 of 11%,15-year bonds at a price of 102. The straight-line method is used to amortize any bond premium or discount. What is the total interest expense for the life of these bonds? $1,002,000 $936,000 $990,000 $978,000 $964,000 On January 1,2023, ChepeCo issues $600,000 of 11%,15-year bonds at a price of 102. The straight-line method is used to amortize any bond premium or discount. What is the total interest expense for the life of these bonds? $1,002,000 $936,000 $990,000 $978,000 $964,000