Current Attempt in Progress On January 1, 2023, Martinez Limited pays $84,925 to purchase $100,000 of Chan Corporation 7% bonds. The market rate of interest at the time was 11%. Martinez accounts for this investment at amortized cost using the effective interest method. The bonds mature on January 1, 2028, and interest is payable each July 1 and January 1. Note that the bond is acquired on an interest payment date and there is therefore no accrued interest for Martinez to pay on January 1. Martinez has an August 31 year end. (a) Calculate the amortization of the discount per month using the straight-line method. (Round answer to 2 decimal places, e.g. 125.55.) Amortization of the discount per month $