HBK-4G: You roll one attack roll for each point of damage (4), designating two of them as the AC/Precision ammo.
Sandblaster requires that you only use AC, FLK, IATM, LRM, SRM or TOR. Multiple Attack Rolls does not allow you to ignore that restriction. For your ARC-2R, you can attack with its standard damage values of 2/3/3, or you can make a Sandblaster LRM attack with a -1 target number modifier and 3/3/3 (LRM1/2/2 plus 2 at short range and 1 at medium or long for Sandblaster) damage values.