Question 5 O out of 0.5 points Emma Company purchased a machine from Noah Corporation on October 31, 2016. In payment for the $187,000 purchase, Emma issued a one-year installment note to be paid in equal monthly payments of X $17,144 at the end of each month. The payments include interest at an annual rate of 1896. When recording the December 31, 2016 payment, the Debit to Interest expense will be? 5 Question 6 O out of 0.5 points Ava, Inc., issued 8% bonds, dated January 1, with a face amount of $180,000 on January 1, 2016 for an issue price of 106.5. The bonds mature on December 31, 2025 (10 years). For bonds of similar risk and maturity the market yield is 10% Interest paid annually on December 31 What is the 1st year's interest expense? Question 7 out of 5 inte