On July 1, 2023, Brownlee Corporation issues $1,200,000 of 10-year, 6% bonds dated July 1, 2023 at 91. Brownlee uses the straight-line method of amortization. Interest is paid each July 1 and January 1. Brownlee Corporation's fiscal year end is June 30. The interest expense recognized for the first semiannual interest payment on January 1, 2024 is: OA. $36,000. OB. $41,400. OC. $30,600. O D. $72,000. BIL

A. $56,000 B. $4,400 C. $0,600 o. $72,000 A. $56,000 B. $4,400 C. $0,600 o. $72,000