On January 1, 2021, Jay Company acquired all the outstanding ownership shares of Zee Company. In assessing Zees acquisition-date fair values, Jay concluded that the carrying value of Zees long-term debt (8-year remaining life) was less than its fair value by $31,200. At December 31, 2021, Zee Companys accounts show interest expense of $13,000 and long-term debt of $500,000. What amounts of interest expense and long-term debt should appear on the December 31, 2021, consolidated financial statements of Jay and its subsidiary Zee?

Interest expenseLong-term debta.$16,900b.$16,900c.$9,100d.$9,100