Question: Need help with this work is appreciated but just looking for answer A corporation issues $390000, 10%, 5-year bonds on January 1, 2017, for $373500.

Need help with this work is appreciated but just looking for answer

A corporation issues $390000, 10%, 5-year bonds on January 1, 2017, for $373500. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in December 31, 2017's adjusting entry is $35700. $39000. $42300 $3300

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