9 Set of On January 1 of the current year, Gore Company sold $900,000 of its 10% bonds for $796,766 on an effective yield of 12%. Interest is payable semiannually on January 1 and July 1. What amount should Gore report as interest expense for the six-month period ended June 30 of the current year? Select one: a. $39,838 b. $45,000 c. $47,806 d. $54,000