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On October 1, 2017 Bonita Industries issued 4%, 10-year bonds with a face value of $6090000 at 104. Interest is paid on October 1 and

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On October 1, 2017 Bonita Industries issued 4%, 10-year bonds with a face value of $6090000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. Bond interest expense reported on the December 31, 2017 income statement of Bonita Industries would be O $54810 O $60900 O $66990 $109620

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