The Levi Company issued $76,000 of 12% bonds on January 1 of the current year at face value. The bonds pay interest semiannually on June 30 and December 31. The bonds are dated January 1, and mature in five years, on January 1. Determine the total interest expense related to these bonds for the current year ending on December 31 is a. 54.560 Ob. 56.840 Oc. $9,120 Od. 5760 A $299,000 bond was redeemed at 98 when the carrying amount of the bond was $291,525. The entry to record the redemption would include a Oa. gain on bond redemption of S1,495 Ob. loss on bond redemption of S1,495. Oc. loss on bond redemption of S7,475 Od. gain on bond redemption of S7,475