Question: Hello...I need some help in figuring out this question: On January 1, 2016, Redwood Co. issued 9% bonds with a face value of $4,500,000 for

Hello...I need some help in figuring out this question:

On January 1, 2016, Redwood Co. issued 9% bonds with a face value of $4,500,000 for $4,223,520 to yield 10%. The bonds are dated January 1, 2016, and pay interest annually. What amount is reported aas bond discount on the issue date?

Thank you!!

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