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On January 1,2024 , Ivanhoe Co. sold $5600000 of its 10% bonds for $5187810 to yield 12%. Interest is payable semiannually on January 1 and

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On January 1,2024 , Ivanhoe Co. sold $5600000 of its 10% bonds for $5187810 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Ivanhoe report as interest expense for the six months ended June 30, 2024, assuming that the effective interest method of antortization is used? $280000$311269$336000$323225

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