QC9-14 (similar to) Question Help McLennan Corporation issued $550,000 of 6.0% 10 year bonds. The bonds are dated and sold on January 1, 2015. Interest payment dates are January 1 and July 1. The bonds are issued for $510,916 to yield the market interest rate of 7%. McLennan Corporation uses the effective interest method The interest expense that McLennan Corporation will record on July 1, 2015 is $17,862 and the interest payment is $16,500. What is the amount of discount amortization that McLennan Corporation will record on July 1, 2015, the first semiannual interest payment date? O A $17.882 OB. S-0- OC. $16,500 OD. $1,382