Blossom Company purchased $ 2000000 of 11% bonds of Scott Company on January 1, 2021, paying $ 1885301. The bonds mature January 1, 2031; interest is payable each July 1 and January 1. The discount of $ 114699 provides an effective yield of 12%. Blossom Company uses the effective-interest method and plans to hold these bonds to maturity. For the year ended December 31, 2021, Blossom Company should report interest revenue from the Scott Company bonds of:

$ 231470.

$ 226236.

$ 220000.

$ 226423.