On July 1, 2019, Garden Works, Inc. issued $300,200 of ten-year 7% bonds for $304.000. The bonds were dated July 1, 2019, and semi-annual interest will be paid each December 31 and June 30. Garden Works Inc. uses the straight-line method of amortization. What is the net amount of the bond liability to be reported on the December 31, 2020 balance sheet? Multiple Choice $303,430 $300,200 $303,620. $304,000