q2

Question 2 1 points Save Answer On January 1, a company issued a $501,000, 10%, 8-year bond payable, and received proceeds of $487,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of discount amortized each period is O $812.50 $812 $13,000 $875