Question: Question Content Area On January 1 , $ 8 4 4 , 0 0 0 , 5 - year, 1 0 % bonds were issued

Question Content Area
On January 1, $844,000,5-year, 10% bonds were issued for $818,680. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize a discount on bonds payable, the semiannual amortization amount is
a. $25,320
b. $5,064
c. $42,200
d. $2,532

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