Houser corporation owns 4,000,000 shares of stock in baha corporation. on december 31, 2012, houser distributed these shares of stock as a dividend to its stockholders. this is an example of a
a. property dividend.
b. stock dividend.
c. liquidating dividend. d. cash dividend.

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.)