accounting

nent MER PRINTER VERSION BACK Question 27 Bramble Corp. issued $480000 of 7%, 10-year bonds on one of its interest dates for $414576 to yield an effective annual rate of 9%. The effective-interest method of amortization is to be used. Interest is paid annually. What amount of discount (to the nearest dollar) should be amortized for the first interest period? $3712 $4580 $5808 $7424 Click it you would like to Show Work for this question: Open Show Work