$60,000, 5-year bonds, with a 10% stated rate of interest are issued at $64,867 on January 1, 2021. The market rate of interest is 8%. Interest payments are made semi-annually on June 30 and December 31. How much interest expense would be recognized on the second interest payment date? Assume effective-interest amortization is used. Round your answer to the nearest dollar. [Hint: This question piggybacks off of the 2 previous questions. First, calculate the amount amortized to date.]