Business, 10.10.2019 01:00 Thisisdifinite

Discount-mart issued ten thousand $1,000 bonds on january 1, 2018. the bonds have a 10-year term and pay interest semiannually. this is the partial bond amortization schedule for the bonds. payment cash effective interest decrease in balance outstanding balance 8,640,967 1 300,000 345,639 45,639 8,686,606 2 300,000 347,464 47,464 8,734,070 3 300,000 349,363 49,363 8,783,433 4 300,000 what is the interest expense on the bonds for the year ended december 31, 2019? multiple choice $100,700. $600,000. $700,700. $347,464.

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Discount-mart issued ten thousand $1,000 bonds on january 1, 2018. the bonds have a 10-year term and...