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On November 2015, Davis Company issued $30,000, nine year, ex bonds for $29,172. The bonds were deted November 1, 2015, and interest is payable each

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On November 2015, Davis Company issued $30,000, nine year, ex bonds for $29,172. The bonds were deted November 1, 2015, and interest is payable each on May and November Davis uses the straight line method of amortization. How much is the semiannual interest expense when the straight line method of amortization is used O $2,354 O $1246 O $2.492 O $2.300

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