Question 12 (2.5 points) Use the following information for THREE questions. (1 of 3) On January 1, 2020, Jasper Co. issued $300,000 of 10%, 3-year bonds at an effective interest rate (i.e, market rate) of 12%, receiving proceeds of $285,260. Interest is payable semiannually on June 30 and December 31. The company uses the effective interest method. The June 30, 2020 journal entry to record the first interest payment will record amortization of the bond premium or discount in the amount of (round to the nearest dollar): $260. $737. $2,116. $2,457