The following information applies to the next 2 questions A company issues $5,000,000, 7%, 20-year bonds to yield 8% on January 1, 2022. Interest is paid on June 30 and December 31. The proceeds from the bonds are $4,506,185 Using Efective Interest Amortization, how much Interest Expense will be recognized for the year 2022? 0 a $350,000 Ob $360,623 O c $360,200 O d.8315,363 Qe $374,740 Information Continued from Previous Question A company issues $5,000,000, 75, 20-year bonds to yield on January 1, 2022 Interest is paid on June 30 and December 31. The proceeds from the bonds are 54,605,185 Using active Interest Amortization, what will be the Carving Value of the bonds at December 31.2022 O a 54,530,022 O $5,000,000 OC 54515,808 Od $4,520,025 O $4.494 070