On November 1, 2019, Davis Company issued $30,000, eight-year, 7% bonds for $29,440. The bonds were dated November 1, 2019, 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, 2020 interest payment was recorded using the straight-line method of amortization? Multiple Choice O $29,580. $29,440. O $29,510. $29,370