Presented Here Is a Partial Amortization Schedule for Roseland Company

Multiple Choice

Presented here is a partial amortization schedule for Roseland Company which sold $300,000 of 5-year, 10% bonds on January 1, 2020, for $312,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (i) ?

A) $31,200
B) $32,400
C) $30,000
D) $6,000