Use the following information to answer the next question (set of 2). JK Corporation issued $700,000 of 3%, 10-year bonds on January 1. 20X2. Interest is payable semiannually on June 30 and December 31. The bonds were issued for $642, 730 to yield an effective annual rate of 4%. What amount of discount should be amortized for the first six-month interest period? $5, 727 $13, 364 $2, 864 $7, 636 $10, 500 Use the following information to answer the next question (set of 2). JK Corporation issued $700,000 of 3%. 10-year bonds on January 1. 20X2. Interest is payable semiannually on June 30 and December 31. The bonds were issued for $642, 730 to yield an effective annual rate of 4%. How much bond interest expense should be reported on the income statement for the year ending December 31, 20X2? $26, 728 $56,000 $13, 364 $21,000 Some other amount, $