Exhibit 14-6 Jones Corporation Issued $400,000 of Its 8%, 10-Year Bonds, Dated

Exhibit 14-6
Jones Corporation issued $400,000 of its 8%, 10-year bonds, dated January 1, 2016, at face value plus accrued interest on May 1, 2016. Interest is paid on January 1 and July 1. Jones uses the most common method to record the sale of the bonds between interest payment periods.
-Refer to Exhibit 14-6. The amount of bond interest expense reported on the year-end 2016 income statement would be

A) $17,538.
B) $21,333.
C) $21,384.
D) $32,000.