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cna you explain in detail please? 13.8 At 30 June 20X2 a Runner Co had $1 million 8% loan notes in issue, interest being paid

cna you explain in detail please?
13.8 At 30 June 20X2 a Runner Co had $1 million 8% loan notes in issue, interest being paid half-yearly on 30 June and 31 December. On 30 September 20X2 Runner Co redeemed $250,000 of these loan notes at par, paying interest due to that date. On 1 April 20X3 Runner Co issued $500,000 7% loan notes, interest payable half-yearly on 31 March and 30 September. What figure should appear in Runner Co's statement of profit or loss for interest payable in the year ended 30 June 20X3

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