Menu see score Assume the current carrying amount of bonds payable is $296 850, and the par value of the bonds is $300.000 The contract rate is 8%, and the effective rate of interest is 10%. The effective interest method of amortization is used and interest is paid semiannually. The next journal entry to record the interest payment and amortization includes a debit to interest expense for which amount? Round to the nearest dollar ments past due omework O A 515,000 OB. 513 808 OC. 514343 OD. $12.000 past due a Quest past due past due