Wertz Corporation issued ten-year, 8% bonds on January 1, 2025 at a discount. During 2025 , the company's accountant failed to amortize any of the bond discount. The omission of the discount amortization will Select one: a. not affect net income reported for 2025 . b. cause interest expense for 2025 to be overstated. c. cause retained earnings at the end of 2025 to be overstated. d. cause net income for 2025 to be understated