Assume a competitive firm faces a market price of $100, a cost curve of: C = 0.002q cubed + 30q + 750, and a marginal cost curve of: MC = 0.006q2 + 30. If a specific tax of $7 per unit is implemented, what would be the new equilibrium output level?

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.)