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BACK Sandhill Co. received proceeds of $1056000 on 10 year, 5 bonds issued on January 1, 2019. The bonds had a face value of $1120000,

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BACK Sandhill Co. received proceeds of $1056000 on 10 year, 5 bonds issued on January 1, 2019. The bonds had a face value of $1120000, pay interest any on December 31, and have a cal price of 102. Sandhill uses the straight line method of amortization. What is the amount of interest Sandhil must pay the bondholders in 20197 NE 549600 $52800 $56000 562400

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