i need detailed explination

Required Informetlon The following Information applies to the questions displayed below.J On April 1, year 1, Cricket Corporation Issues $38 million of 6%, 15-year bonds payable at par Interest Part 2 of 2 on the bonds is payable semiannually each April 1 and October 1 3 004552 Interest expense on this bond issue reported in Cricket's Year 1, income statement is: Multiple Cholce $760,000 $1.520,000 $1,710,000 $2,280,000