The two phenomena that explain the experience curve are: a) learning effects and economies of scale. b) technology inputs and wealth transfer. c) leveraging subsidiary and local responsivenessd) standardized manufacturing and global webe) efficiency frontier and location economies

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)