Jan Company sells 5-year bonds with a face value of $100,000 for $97,000. Interest is paid semiannually. Using the straight-line method, how much will the discount be amortized with each interest payment? $300 $600 $900 $1,200 Jan Company sells 5-year bonds with a face value of $100,000 for $97,000. Interest is paid semiannually. Using the effective-interest method at 12%, how much interest expense will be recorded with the first payment? $11,640 $6,000 $5,820 $180

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