Sheridan \& Co. sold goods with a market price of $174000 on April 1. They accepted a note from Skysong Inc. for $174000 due in two years, with interest paid each year on April 1 , bearing 8% interest. If 8% interest approximates the market rate of interest for this transaction, how much interest should be accrued at the company's December 31 year-end? $10440$13920$6960$27840