How to solve this queistion for accounting (BONDS)
On Jan 1, 2010, the Horton Corporation issued 10% bonds with a face value of $200,000. The bonds are sold for $196,000. The bonds pay interest semiannually on june 30 and December 31 and the maturity date is December 31, 2014. Horton records STRAIGHT-LINE amortization of the bond discount. The bond interest expense for the year ended December 31,2010, is...
Answer is C .. but i dont know how to get that number.. plz help me :(