Question 19 Not yet answered Marked out of 1.00 Flag question A firm issued $100,000 of 10-year, 12 percent bonds payable on January 1 for $112,462, yielding an effective rate of 10 percent. Interest is payable on January 1 and July 1 each year. The firm records amortization on each interest date. Bond interest expense for the first six months, using effective interest amortization, is: Select one: a. $6,748 b. $5,263 0 C. $6,000 0 d. $5,000