Master Corporation issued $100,000 of 8% bonds on January 1, 2020 for $92,278, that are due on January 1, 2025, with interest payable each July 1 and January 1. Assume the company uses the effective interest rate method to calculate the amortization of any bond discount/premium. On its Statement of Financial Position for the years ended September 30, 2021 and 2020, interest payable has been correctly calculated as $2,000 for each yes REQUIRED: Using the blue box provide explain in a complete sentence, why the interest payable is the same for Master Corporation in each year presented.