QC9-13 (similar to) Question Help McDaniels Corporation issued $250,000 of 6.0% 10 year bonds. The bonds we dated and sold on January 1, 2015. Interest payment dates are January 1 and July 1. The bonds are issued for $232,234 to yield the market interest rate of 7%. McDaniels Corporation uses the effective-interest method What is the amount of interest expense that McDaniels Corporation will record on July 1, 2015, the first semiannu norest payment date? (All amounts rounded to the nearest dollar) O A $10,800 OB. $8,128 OC. $7,500 OD. $628