D) discount will decrease interest expense. none of the above occur. 57. ABC Company sells 200,000 of 12%, 5-year bonds for 192.965.54 on April 1, 2010. The market interest rate on that day is 13%. Interest is paid each year on April ABC Company uses the effective interest amortization method. The amount of interest expense on April 1, 2011 is equal to (rounded off to the nearest euro): A) 26,000 B) 13,000 24,000 25,086 58. ABC Company sells 200,000 of 12%, 5-year bonds for 192,965.54 on April 1, 2010. The market interest rate on that day is 13%. Interest is paid each year on April 1 ABC Company uses the effective interest amortization method. The amortization of the discount on April 1, 2011 is equal to (rounded off to the nearest euro): () 1,086 B) 1,227 C) 2,605 D) 2,000