At the beginning of 2020, Vaughn Manufacturing issued 8% bonds with a face value of $3900000. These bonds mature in five years, and interest is paid semiannually on June 30 and December 31. The bonds were sold for $3612960 to yield 10% Vaughn uses a calendar-year reporting period. Using the effective-interest method of amortization, what amount of interest expense should be reported for 2020? (Round your answer to the nearest dollar) IP s $375396 $361182 $359850 O $362528