Hermosa Visto Company issued $270,0005 year, 6.25% bonds and recelved $275,726 in cash. The market rate of interest when the bonds were issued Wis 5.75\%. What is the amount of interest expense to be recorded for the first annual interest period ir the compary uses simplified effective-interest amortizition? Multiple Croice $15,525,00 316.875 .00 $1723218 515,844.25