On January 1, 2016, CIATS Corp. issued $100,000 face value, 9% bonds for $107,106 cash. The bonds are dated January 1, 2016, and mature on December 31, 2020. Interest will be paid semiannually on January 1 and July 1. The effective rate is 8% and CIATS uses the effective method to record the cash payments. What is the accrued interest amount that CIATS Corp. report in its December 312016 balance sheet?