Remaining Time: 52 minutes, 05 seconds. Question Completion Status: 1 points QUESTION 4 On January 1, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $487,000. Interest is payable cach June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of discount amortized each period is $812.50 True False QUESTIONS 1 points Return on equity increases or decreases through bond financing True False