Brief Exercise 9-13 Calculate interest expense (LO9-6) On January 1, 2018, Lyle's Limeade issues 3%, 20-year bonds with a face amount of $78,000 for $67,331, priced to yield 4%. Interest is paid semiannually. What amount of interest expense will be recorded in the December 31, 2018, annual income statement? (Do not round intermediate calculations.)