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On July 1, 2018, Electrical Services issued $32,000 of 12% bonds that mature in five years. The bonds were issued at a premium, for a
On July 1, 2018, Electrical Services issued $32,000 of 12% bonds that mature in five years. The bonds were issued at a premium, for a total of $33,440. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders? O A. $4,013 B. $3,840 C. $1,920 D. $2,006
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