Jurgenson Company issued bonds with a $100,000 face value on January 1, 2011. The five-year term bonds were issued at 98 and had a 7% stated rate of interest that is payable in cash on December 31st of each year. Jurgenson amortizes the bond discount using the straight-line method. Based on this information: The amount of interest expense shown on Jurgenson's December 31, 2011 income statement would be