Question 4 2 pts A corporation issues $300,000,8%, 5-year bonds on January 1, 2018, for $312,600. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized in December 31, 2018's adjusting entry is: $2,520 $24,000 $21,480 $26,520