Question 26 of 40 > View Policies -/1 E ! Current Attempt in Progress A company issues $17200000, 9.8%, 20-year bonds to yield 10% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $16904864. Using effective-interest amortization, how much interest expense will be recognized in 2020? $1690484 O $1685600 O $842800 O $1690608 Save for Later Attempts: 0 of 1 used Submit Answer