A company has $500,000, 15% debentures which were originally issued at par. The company had paid interest half yearly but the final instalment is outstanding at the year end. Which of the following statements is correct? : O a. The interest charge in the income statement account will be $112,500 O b. The interest charge in the income statement account will be $75,000 O c. The statement of financial position will contain a liability for outstanding interest of $75,000 O d. The interest charge in the income statement account will be $37,500