Lacrosse Inc. issued on January 1, 2021 a ten-year $30 million bond with a contract rate of interest listed at 8 percent. The market rate of interest on Januarv 1. 2021 was 12 percent. Cash interest Davments are semi-annually. What is the total amount of interest expense incurred by Lacrosse Inc. during the year 2021? If the market rate were suddenly changed to 6% prior to the issuance of the bonds then what would Lacrosse Inc. receive in cash the day the bonds were issued? Using a market rate of interest of 6% then what is the total interest expense incurred by Lacrosse Inc. in 2021