Blue Company issues $$22100000,5\mathrm{.}80\%,20-$year bonds to yield $6\%$ on January $1,2025.$ Interest is paid on June $30$ and December $3$

The proceeds from the bonds are $$21589164.$ The company uses effective$-$interest amortization. Interest expense reported on the

$2025$ income statement will total

$$1281800.$

$$1210825.$

$$1326000.$

$$1295553.$