Horton Enterprises issued $100,000, 10 year, 6% bonds payable on 1/1. Interest is payable each 6 months 1/1 and 7/1. The discount or premium is amortized using the straight line method. Journalize the issuance, first interest payment, and redemption of the bonds at maturity under the three conditions listed: Journalize the issuance at par value. Journalize the selling price of $90,000 when the market rate is 7 %. Journalize the selling price is $105,000 when the market rate is 5.5%. Which condition results is the most interest expense? Why?