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On October 1,2014 Macklin Corporation issued 5%, 10-year bonds with a fact value of $4,000,000 at 104, Internet is paid on October 1 and April

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On October 1,2014 Macklin Corporation issued 5%, 10-year bonds with a fact value of $4,000,000 at 104, Internet is paid on October 1 and April 1, any premium or discounts amortized on a straight-line basis. Select one: a. $46,000 b. $50,000 c. $54,000 d. $92,000

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