The Following Partial Amortization Schedule Is Available for Courtney Company $\text { BOND AMORTIZATION SCHEDULE }$

The following partial amortization schedule is available for Courtney Company who sold $750,000, five-year, 10% bonds on January 1, 2017 for $780,000 and uses annual straight-line amortization. $\text { BOND AMORTIZATION SCHEDULE }$
$\begin{array}{|l|c|c|c|c|c|}\hline \text { Interest Periods } & \begin{array}{c}\text { Interest } \\\text { to be paid }\end{array} & \begin{array}{c}\text { Interest } \\\text { expense }\end{array} & \begin{array}{c}\text { Premium } \\\text { Amortization }\end{array} & \begin{array}{c}\text { Unamortized } \\\text { Premium }\end{array} & \begin{array}{c}\text { Bond Carrying } \\\text { Value }\end{array} \\\hline \text { January 1,2017 } & & & & \$ 30,000 & \$ 780,000 \\\hline \text { January } 1,2018 & \text { (i) } & \text { (ii) } & \text { (iii) } & \text { (iv) } & (\mathrm{v}) \\\hline\end{array}$ Which of the following amounts should be shown in cell (iv) ?

A) $33,000
B) $27,000
C) $36,000
D) $24,000