Question 1 0.7 points Save As A company issues $10,000,000, 7 8%, 20-year bonds to yield 8% on January 1, 2014 Interest is paid on June 30 and December 31 The proceeds from the bonds are 59 802,072 Using effective-interest amortization how much interest expense will be recognized on June 30 2019? 5392.083 $390,000 $780,000 $400,000 Moving to another question will save this response Question 1 of 27