Question: Given the following information from an amortization table, compute the interest expense and the carrying value for the next line of the table, rounding your

 Given the following information from an amortization table, compute the interest

Given the following information from an amortization table, compute the interest expense and the carrying value for the next line of the table, rounding your answer to the nearest dollar: 2% Cash Interest $1,000 1% Effective Interest $515 Premium Amortization $485 Carrying Value $50,985 O A. Interest Expense $515; Carrying Value $50,495 OB. Interest Expense $510; Carrying Value $50,495 OC. Interest Expense $510; Carrying Value $51,495 OD. Interest Expense $515; Carrying Value $51,495

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