10. On January 2, 2020, a corporation issued $900000, 6% bonds that mature in five years, and interest is paid semi-annually on June 30 and December 31. The bonds were issued for $880400 to yield 10%. Using the effective interest method of calculating interest, how much should be charged to interest expense in 2020?

Please let me know how to solve it, (the answer is 88891)