Question 39 Not yet answered Marked out of 3 Purah Limited is issuing $2900000 of 7.5%, five-year debentures. The debentures are dated and issued on 1 March 2019. Interest payment dates are 1 March and 1 September. The market interest rate is 8% and the debentures are issued for $2842000. The company uses the effective interest-method of amortisation What is the amount of interest expense and discount amortisation that Purah Limited will record on 1 September 2019, the first half-yearly interest payment date? Flas question O Interest expense $116000; Discount amortisation $7250 Interest expense $113680; Discount amortisation $4930 Interest expense $106575: Discount amortisation $7105 Interest expense $108750; Discount amortisation $0 Next page Previous page 14"C 02 FH O F10 F9 F11 X F7 F8 F6 F5 *** F4 M F1 Esc 62 F3