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On June 30, 2021, seans Corp issued $10.5M of its 10% bonds for $9.5M. The bonds were priced to yield 12%. The bonds are dated

On June 30, 2021, seans Corp issued $10.5M of its 10% bonds for $9.5M. The bonds were priced to yield 12%. The bonds are dated June 30, 2021. Interest is payable semiannually on December 31 and July 1. If the effective interest method is used, how much should the bond discount be reduced for the 6 months ended December 31, 2021.
a. 43.5k
B. 58k
C. 45k
D. 51.5k

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