Question: Current Attempt in Progress A company issues $26000000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and

Current Attempt in Progress A company issues $26000000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $25399015. What is interest expense for 2021, using straight-line amortization? O $1538049 O $1508000 $1488568 O $1524798 Save for Later Attempts: 0 of 1 used Submit

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