On January 1, 2024, Legion Company sold $255,000 of 8% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $223,221, priced to yield 10%. Legion records interest
Legion should pay cash interest for the six months ended June 30, 2024, in the amount of:
$8,929
$12,750
$11,061
$10,200