On january 1, 2019, a company issued $400,000 of 10-year, 12% bonds. the interest is payable semiannually on june 30 and december 31. the issue price was $413,153 based on a 10% market interest rate. the effective-interest method of amortization is used. the interest expense for the six-month period ending december 31, 2019 is closest to:

Northington, inc. is preparing the company's statement of cash flows for the fiscal year just ended. using the following information, determine the amount of cash flows from operating activities using the indirect method: net income$182,000gain on the sale of equipment12,300proceeds from the sale of equipment92,300depreciation expense—equipment50,000payment of bonds at maturity100,000purchase of land200,000issuance of common stock300,000increase in merchandise inventory35,400decrease in accounts receivable28,800increase in accounts payable23,700payment of cash dividends32,000 $189,400.$332,200.$236,800.$261,400.$186,800.