XYZ Inc is going through a reorganization and will do an exchange of its bonds after discussions with lenders. It currently has $217653 of 12.31% debenture bonds outstanding. These bonds will have their coupon interest adjusted down to 4.93%, which is far below the current interest rates. The present value of the future cash payments discounted at the correct market rate today amounts to $201,363. In the journal entry to record this exchange, how much will be debited or credited to the Reorganization Account? a $16,697 b. $15,476 c. $16,290 d. $15,883 e $15,068