On June 30, 2018, Hardy Corporation issued $10.0 million of its 10% bonds for $91 million. The bonds were priced to yield 12 %. The bonds are dated June 30, 2018. Interest is payable semiannually on December 31 and July 1 If the effective interest method is used, by how much should the bond discount be reduced for the six months ended December 31, 2018? Multiple Choice $53.000 $44,500 $52,500 $46,000