Assignment Gradebook ORION Downloadable eTextbook ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Multiple Choice Question 70 Sandhill Company purchased $1300000 of 9% bonds of Scott Company on January 1, 2018, paying $1218375. The bonds mature January 1, 2028; interest is payable each July 1 and January 1. The discount of $85625 provides an effective yield of 10%. Sandhill Company uses the effective-interest method and plans to hold these bonds to maturity. For the year ended December 31, 2018, Sandhill Company should report interest revenue from the Scott Company bonds of: $117000. $121838 $125563 $121959. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used