5. On April 1, 2019, Rhine County incurred the following expenditures in issuing long-term bonds: When Rhine establishes the accounting for operating debt service, what amount should be deferred and...

5. On April 1, 2019, Rhine County incurred the following expenditures in issuing long-term bonds:

When Rhine establishes the accounting for operating debt service, what amount should be deferred and amortized over the life of the bonds?

a. $0

b. $90,000

c. $400,000

d. $490,000