Stanger Inc. originally planned to issue $100,000 of 6.0% par bonds on January 1, 20X7 with interest payable on June 30 and December 31. Due to some delays in the regulatory approval process the bonds are not issued (sold) until March 1, 20x7. What was the total amount of cash that Stanger Inc. received from the sale of the bonds? a $102,000 b.$101,000 c. $99,000 d. $100,000 QUESTION 9 On January 1, 20X4, Golf Emporium Inc. (GEI) issued (sold) $2,000,000 of seven-year bonds that pay 5% interest semi-annually on June 30 and December 31. The market rate of interest at time of issuance was 4%. Transaction costs directly related to the issuance of these bonds totaled $20,000. GEl classified this liability at amortized cost. What amount of interest expense pertaining to the bonds should GEl report on its statement of comprehensive income for the six-month period ended June 30, 20X4? a. $44,122 b.$43,706 Oc.$42,021 d. $50,000