On February 1, Hansen Company purchased $72,000 of 9%, 15-year Knight Company bonds at their face amount plus cne month's accrued interest. The bonds pay interest on January 1 and July 1 . On October 1, Hansen Company sold $26,400 of the Knight Cornpany bonds acquired on february 1, plus three months' accrued interest. On December 31 , three month' interest was accrued for the remaining bonds. Determine the interest earned by Hansen Company on Knight Company bonds for the vear, Do not round interim calculations. If required, round final answer to the nearest dollar. $ x