Accounting question. Please help and show work. thanks.

On January 1, 2019, Tonika Company issued a six-year, $10,000, 8% bond. The interest is payable annually each December 31. The issue price was $9,552 based on an 9% effective interest rate. Tonika uses the effective-interest amortization method. The interest expense on the income statement for the year ended December 31, 2019 is closest to: Multiple Choice O $800. O $860. O $764. O $975