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Victor Company issued bonds with a $250,000 face value and a 6% stated rate of interest on January 1,2016.The bonds carried a 5-year term and sold for 95.Victor uses the straight-line method of amortization.Interest is payable on December 31 of each year.
-The amount of interest expense appearing on the December 31,2018 income statement would be:
A)$17,500.
B)$12,500.
C)$14,250.
D)$15,000.

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Use the following to answer questions 
Victor Company issued bonds with a $250,000 face value and a 6% stated rate of interest on January 1,2016.The bonds carried a 5-year term and sold for 95.Victor uses the straight-line method of amortization.Interest is payable on December 31 of each year.
-The amount of interest expense appearing on the December 31,2018 income statement would be:
A)$17,500.
B)$12,500.
C)$14,250.
D)$15,000.

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The Answer of Use the following to answer questions 
Victor Company issued bonds with a $250,000 face value and a 6% stated rate of interest on January 1,2016.The bonds carried a 5-year term and sold for 95.Victor uses the straight-line method of amortization.Interest is payable on December 31 of each year.
-The amount of interest expense appearing on the December 31,2018 income statement would be:
A)$17,500.
B)$12,500.
C)$14,250.
D)$15,000.

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