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On November 1, 2015, Davis Company issued $30,000, ten-year, 7% bonds for $29100. The bonds were dated November 1, 2015, and interest is payable each

On November 1, 2015, Davis Company issued $30,000, ten-year, 7% bonds for $29100. The bonds were dated November 1, 2015, and interest is payable each on May 1 and November 1, Davis uses the straight-line method of amortization. How much is the book value of the bonds after the November 1, 2016 interest payment was recorded using the straight-line method of amortization? O $29100. O $29.280. O $29.010. $29190

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