Ajax Inc, on January 1, 2021, issued $1,500,000 in bonds with a stated rate of 5 percent. They mature on December 31, 2030. The bonds were issued to yield 6 percent. Ajax uses the effective-interest method of amortizing bond discount. Interest is payable June 30 and December 31. For the year ending December 31, 2021, Ajax should report bond interest expense of $80,731. $83,376. $83,430. $41,653