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Suffolk Corporation issued $96,000 of 20-year, 6 percent bonds at 98 on one of its semi-annual interest dates. The straight-line method of amortization is to be used. How much bond interest expense will be recorded on the next interest payment date?

Suffolk Corporation issued $96,000 of 20-year, 6 percent bonds at 98 on one of its semi-annual interest dates. The straight-line method of amortization is to be used. How much bond interest expense will be recorded on the next interest payment date?
$2,928
$5,760
$5,808
$2,880