Company sells $350,000 of 9​%, 10​-year bonds for 90.9777 on April​ 1, 2018. The market rate of interest on that day is 10.5​%. Interest is paid each year on April 1. The issue price of the bond is $318,422. Sunrise Company uses the​ straight-line amortization method. The amount of interest expense for each year will be ​(Round intermediary calculations to the nearest whole​ number.)