On April 1, 2021, 20-year, 6 percent, encral obligation serial bonds were issued by Tangerine County at the top amount of 1.200,000. Interest of 6 percent per year is de semanually. All and October 1. The first principal payment of 560.000 is due on April 1, 2002. The county's fiscal year-end is December 3. What amount is reported as interest expense in the government Wide financial statements for 20217 SCO