On January 2,2014,Mahoney Sales Issued $10,000 in Bonds for $10,900

Multiple Choice

On January 2,2014,Mahoney Sales issued $10,000 in bonds for $10,900.They were 5-year bonds with a stated rate of 4%,and pay semiannual interest payments.Mahoney Sales uses the straight-line method to amortize the bond premium.After the first interest payment on June 30,2014,what was the bond carrying amount?

A) $9,100
B) $10,810
C) $9,810
D) $9,190