rrect Question 4 0/1 pts On January 1, 20X1, Huff Co. sold $5,000,000 of its 10% bonds for $4,426,480 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Huff report as interest expense for the twelve months ended December 31, 20X1? $487,692 $500,000 $531,178 $532,113