Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions
Jones Company issued bonds with a $200,000 face value on January 1,2016.The five-year term bonds were issued at 97 and had a 7 ½ % stated rate of interest that is payable in cash on December 31st of each year.Jones amortizes the bond discount using the straight-line method.Based on this information:
-The total amount of liabilities shown on Jones's December 31,2017 balance sheet would be:

A) $191,600.
B) $194,000.
C) $196,400.
D) $195,200.