Auerbach Incorporated issued $10\%$ bonds on October $1,2024.$ The bonds have a maturity date of September $30,2034$ and a face value of $$250$ million. the bonds pay interest each March $31$ and September $30,$ beginning March $31,2025.$ The effective interest rate established by the market was $12\%.$ Assuming that Auerbach issued the bonds for $ $221,324,000.$ what interest expense would it recognize in its $2024$ Income statement $?$ Note: Do not round intermediate calculations $.$ Round your final answer to nearest whole dollar.