Duncan Inc. is a provider of dog toys. On April $1,2023$ Duncan borrowed money for an expansion by issuing $9\%$ bonds, dated April $1,$ with a face amount of $$1,000,000.$ The bonds mature in $10$ years and were issued for $$937,689$ to yield $10\%$ interest. Interest is paid semiannually on September $30$ and March $31.$ Duncan's fiscal year ends December $31.$ The amount of interest expense Maxwell would report on September $30,2023$ is:

A$.$ $$46,884$

B$.$ $$45,000$

C$.$ $$93,768$

D$.$ $$42,196$

Based on the information in problem $2,$ Duncan's December $31,2023$ adjusting entry to record interest expense would include

A$.$ A debit to Discount on Bonds Payable for $$990$

B$.$ A credit to Cash for $$45,000$

C$.$ A credit to Interest Payable for $$22,500$

D$.$ No entry is needed