Question 14 2.5 pts W On January 1, 2019, Snow Inc. issued $50,000 of ten-year, 6% bonds for $43,800. Interest was payable semiannually. The effective yield was 8%. The effective interest method of amortization was used. What amount of interest expense should be recorded for the six-month period ending December 31, 2019? $1.762 O $1.752 $1,500 O $2.000 Question 15 2.5 pts On January 1, 2017, Jewels, Inc. sold $200,000 of its 12%, five-year bonds to yield 10%. Interest is paid each January 1 and July 1, and the effective interest method of amortization is used. On May 1, 2019, Jewels retired $100,000 of the bonds at 104. The book value of the bonds on December 31, 2018, was $212,926. The entry to record the retirement in May 2019 would include (rounded to the nearest dollar): O credit to Premium on Bonds Payable for $12,926. debit to Loss on Bond Retirement for $4,024. O debit to Interest Expense for $8,000. O a credit to Cash for $104.000