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Sandhill Home Supply Company received proceeds of $780000 on 10-year, 9% bonds issued on January...

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Finance

Sandhill Home Supply Company received proceeds of $780000 on 10-year, 9% bonds issued on January 1, 2025. The bonds had a face value of $836000, pay interest annually on December 31, and have a call price of 101. Sandhill Home Supply uses the straight-line method of amortization. What is the amount of interest Sandhill Home Supply will pay bondholders in 2025? $70200 $75240 $80840 O $69640

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