Question 17 of 33 > - 71 View Policies Current Attempt in Progress A corporation issues $345000, 10%, 5-year bonds on January 1, 2017, for $330600. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in December 31, 2017's adjusting entry is O $31620. $2880. $34500. $37380