(a)SageCo. sold $1,890,000of12%,10-year bonds at105on January 1, 2020. The bonds were dated January 1, 2020, and pay interest on July 1 and January 1. IfSageuses the straight-line method to amortize bond premium or discount, determine the amount of interest expense to be reported on July 1, 2020, and December 31, 2020.(Round answer to 0 decimal places, e.g. 38,548.)

Interest expense to be recorded$