Cramer Company sold 5-year, 10% bonds on October 1, 2013. The face amount of the bonds was $200,000, while the issue price was $214,000. Interest is payable on April 1 of each year. The fiscal year of Cramer Company ends on December 31. How much interest expense will Cramer Company report in its December 31, 2013, income statement (assume straight-line amortization)? (Do not round your intermediate calculation.)

	$5,000
	$5,350
	$4,300
	$3,600