The following partial amortization schedule is available for Oriole Company who sold $450000, 5-year, 10% bonds on January 1, 2020 for $468000 and uses annual straight-line amortization.

AMORTIZATION SCHEDULE
Interest Periods	Interest to be paid	Interest expense	Premium Amortization	Unamortized Premium	Bond Carrying Value
January 1, 2020				$18000	$468000
January 1, 2021	(i)	(ii)	(iii)	(iv)	(v)

Which of the following amounts should be shown in cell (ii)?

$48600

$41400

$46800

$36000