Ivanhoe Corporation issued $5880000 of 9%, ten-year convertible bonds on July 1.2024 at 96.1 plus accrued interest. The bonds were dated April 1, 2024 with interest payable April 1 and October 1. Bond discount is amortized semiannually on a straight-line basis. On April 1,2025, $1176000 of these bonds were converted into 400 shares of $20 par value common stock. Accrued interest was paid in cash at the time of conversion. If Interest Payable was credited when the bonds were issued, what amount should be debited to Interest Expense on October 1, 2024? $132300 $264600 $126420 $138180 Wildhorse Corporation issued $6360000 of 9%, ten-year convertible bonds on July 1,2024 at 96.1 plus accrued interest. The bonds were dated April 1, 2024 with interest payable April 1 and October 1 . Bond discount is amortized semiannually on a straight-line basis. On April 1,2025, $1100000 of these bonds were converted into 500 shares of $20 par value common stock. Accrued interest was paid in cash at the time of conversion. What portion of the balance in Discount on Bonds Payable on April 1,2025 relates to the bonds that were sopverted? $40700 $39600 $21450 $42900