Presented here is a partial amortization schedule for Graceland Company who sold $100,000, five year 10% bonds on January 1, 2019 for $108,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (v)? BOND AMORTIZATION SCHEDULE Interest Period Interest Interest Premium Unamortized Bond Carrying Paid Expense Amortization Premium Value January 1, 2019 $8,000 $108,000 January 1, 2020 0 () (iv) A) $108,800 B) $109,600 C) $106,400 D) $107,200