Wayne Company received proceeds of $754,000 on 10 -year, 8% bonds issued on January 1, 2019. The bonds had a face value of $800,000, pay interest annually on December 31 , and have a call price of 101 . The company uses the straight-line method of amortization. What is the amount of interest expense Wayne will show with relation to these bonds for the year ended December 31, 2019? $59.400 $68,600 $64,000 $60,320