A Moving to another question will save this response. >> Question 15 2.5 points Saved Wood City, which is legally obligated to maintain a debt service fund, issued the following general obligation bonds on July 1, Year 1: Term of bonds 10 years, Face amount $1,000,000, Issue price 95, Stated interest rate 6%1/4 Interest is payable January 1 and July 1. What amount of bond discount should be amortized in Wood's debt service fund for purposes of fund financial reporting for the year ended December 31, Year 1? $1,000 $500 $250 O $0 A Moving to another question will save this response.