Question 20 Not yet answered Marked out of 1.00 Flag question Marshall Enterprises issued $800,000 of 5-year, zero-coupon notes on January 1 when the market yield was 3% per semiannual period. The bond agreement stated that compounding was semiannual. The issue price of the notes was $595,275. How much interest expense will the company report on its income statement during the first year? Select one: O a. $35,717 b. $35,181 O C. $47,280 O d. $36,252