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# please show work uestion 8 10 points Save A Livermore Company sold \$1,000,000 of 6%, 10-year...

uestion 8 10 points Save A Livermore Company sold \$1,000,000 of 6%, 10-year bonds at 96 on January 1, 2021. The bonds were dated January 1, 2021 and pay interest on June 30 and December 31. If Livermore uses the straight-line amortization, what would the total interest expense recognized for the bond issue over its full term? (Do not add dollar sign; do not add comma by yourself to your amount round the answer to the whole number)

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