Gamestock Inc. issues $50,000 of 4-year, 6% bonds on february 1, 2029 at 98 plus accrued interest. the bonds are dated Jan 1, 2020, and pay interest on july 1 and january 1. the company uses the straight line method to amortize discounts and premiums. the fiscal year end is december 31.

how much interest expense is recorded in the fiscal year ending Dec 31 2020?

not 2029 its 2020