Investco issued $30,000 of 6.25% bonds on January 1 at a discount of $2,107. Interest expense reported during the year totaled $1,875, while amortization amounted to $132. How much is the book value of the bonds on December 31? Select one: A. $28,025 B. $31,952 C. $28,045 D. $27,816

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