The following partial amortization schedule is available for Crane Company who sold $1200000, 5-year, 10% bonds on January 1, 2017 for $1248000 and uses annual straight-line amortization, BOND AMORTIZATION SCHEDULE Interest Interest Interest Premium Unamortized Bond Carrying Periods to be paid expense Amortization Value Premium January 1 $48000 $1248000 2017 January 1, (0) (iv) 2018 Which of the following amounts should be shown in cell (11)? $48000 $9600 O $24000 $4800