Instructor-created question Question Help Sunset Company issued $5,000,000, 5% bonds at 94.5 on January 1. Assume 10-year bonds, interest paid each June 30 and Dec 31, and the straight-line amortization method. Answer the following. (Round amounts to the nearest whole dollar throughout.) (1) How much interest will the company pay each six months? Sunset will pay interest of $ each six months. (ii) How much interest expense will the company report each six months? Sunset will report $ L o f interest expense each six months