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Question 9 View Policies Current Attempt in Progress On January 1, 2021. $920000, 5-year, 4% bonds, were issued for $841496. The interest rate in effect

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Question 9 View Policies Current Attempt in Progress On January 1, 2021. $920000, 5-year, 4% bonds, were issued for $841496. The interest rate in effect when the bonds were issued was 5%. Interest is paid semi-annually on January 1 and July 1. What would be the amount of discount amortized on July 1, 2021? (Round intermediate calculations to 5 decimal places) $981 $2637 $1570 $785 Attempts of used Save for Later

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