Soap Company Issued $200,000 of 8%, 5-Year Bonds on January

Multiple Choice

Soap Company issued $200,000 of 8%, 5-year bonds on January 1, 2016.The discount on issuance was $12,000.Bond interest is paid annually on December 31.On December 31, 2018, Pumice Company purchased one-half of the outstanding bonds for $96,000.Both companies use the straight-line method of amortization. ​
How much interest expense will appear on the December 31, 2019, consolidated income statement?

A) ​$18,400
B) ​$16,000
C) ​$9,200
D) ​$8,000