Question Help Schmid Corporation issues $500,000, 10%, 5-year bonds on January 1, 2019 for $489,000. Interest is paid semiannually on January 1 and July 1. If Schmid uses the straight-line method of amortization of bond discount, the amount of bond interest expense on July 1, 2019 is: O A. $51,100. B. $25,000 OC. $23,900 D. $26,100