A bond sinking fund investment is started en Jenuary 5,20xt, by trans/erring $20,500 in cash to the fund. The company intends to accumulate $20,500 each year in the fund. This $20,500 is imested and earns $3,200 duing 201. On January 5, 20x2, the amoum of cash transforted to the sinking fund irvestment will be Mutde Choce $20,500 523700 30,300 $1200