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Sarah Jackson Antiques issued its 12%,10-year bonds payable at a price of $855,720 (face value is $900,000 ). The company uses the straight-line amortization method

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Sarah Jackson Antiques issued its 12%,10-year bonds payable at a price of $855,720 (face value is $900,000 ). The company uses the straight-line amortization method for the bond discount or premium. Interest expense for each year is (Round your answer to the nearest whole dollar.) A. $112,428. B. $108,000. C. $103,572. D. $102,686

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