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Question 23 3 pts On January 1, 2018, Legion Company sold $270,000 of 4% ten-year...

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Accounting

Question 23 3 pts On January 1, 2018, Legion Company sold $270,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $169,056, priced to yield 10%. Legion records interest at the effective rate. Legion should report bond interest expense for the six months ended June 30, 2018, in the amount of: (Round your answer to the nearest dollar amount.)

$13,500

$8453

$5400

$21,600

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