Required information The following information applies to the questions displayed below) On January 1, Year 1, Weller Company issued bonds with a $290.000 face value, a stated rate of interest of 10.00%, and a 10-year term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of issuance was 8.00%. Interest is paid annually on December 31. Assuming Weller issued the bond for $313,040, what is the amount of interest expense that will be recognized during Year 3? (Round your calculations and final answer to the nearest whole dollar amount.) Multiple Choice O $29,000 O $25,043 Assuming Weller issued the bond for $313,040, what is the amount of interest expense that will be recognized during Year 3? (Rou calculations and final answer to the nearest whole dollar amount.) Multiple Choice $25,043 524385 $33,615