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Questions paints Tempa Corporation issued $600,000 of 4%, 10-year bonds on January 1, 2021 for $510.735 This price provided a yield of 6% on the

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Questions paints Tempa Corporation issued $600,000 of 4%, 10-year bonds on January 1, 2021 for $510.735 This price provided a yield of 6% on the bonds Interest is payable semiannually on June 30 and December 31. Tempe uses the obectvo-interest method the amount of interest expense reported on income statement for the year anded December 31, 2021 should be $30,644 $24,000 $28,198 $30.744

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