On January of Yeart Congo Express Airways bued $3,500,000 of 7% bonds that pay interest semiannually on January 1 and Juy 1 The bond Issue price $397,389 and the marker rate of interest for similar bonds is 8%. The bond premium or discount is being amonued at a rate of 510087 every six months. The company's December 31 Year balance sheet should reflect totale sociated with the bond issue oncluding interest in the amount of 5) 3400 $382437 100 000 $3.502500 327563