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On October 1, 2020 Coronado Industries issued 5%, 10-year bonds with a face value of 58100000 at 102. Interest is paid on October 1 and

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On October 1, 2020 Coronado Industries issued 5%, 10-year bonds with a face value of 58100000 at 102. 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, 2020 income statement of Coronado Industries would be $97200 $105300 $101250 $194400 A company issues $15900000,5,8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $15532475. Using effective-interest amortization, how much interest expense will be recognized in 2020? $922200 $932094 $461100 $931970

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