Question: View Policies Current Attempt in Progress On January 2, 2020, a calendar year corporation sold 5% bonds with a face value of $3180000. These bonds

View Policies Current Attempt in Progress On January 2, 2020, a calendar year corporation sold 5% bonds with a face value of $3180000. These bonds mature in five years, and interest is paid semiannually on June 30 and December 31. The bonds were sold for $2916000 to yield 7%Using the effective interest method of computing interest, how much should be charged to interest expense in 2020? O $159000 $204120. O $204910 $222600

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