Browning. issued $6,000,000 of 11% bonds on December 1, Year 2021, due on December 1, Year 2024, with interest payable each December 1. The bonds sold for $5,855,890 to yield 12%. If the discount is amortised by the effective interest method, the amount of amortisation of bond discount for the fiscal year ended November 30, Year 2023 related to its $6,000,000 bond issue will be:

A. $101,403

B. $47,832

C. $42,707

D. $53,571