Question Help Babycakes Company sells $200,000 of 5%, 5-year bonds for 67.774 on April 1, 2016, The market rate of interest on that day is 14.5%. Interest is paid each year on April 1. The issue price of the bond is $135,548. Babycakes Company uses the straight-line amortization method. The amount of interest expense for each year will be (Intermediary calculations are rounded to the nearest whole number.) O A. $10,000. OB. $39,983. O C. $22,890. D. $41,890 0 E. none of these