On January 1, 2020, a firm issues a 3-year, 6% $100,000 bond for $94,758. The bond pays semi- annual interest. The market interest rate for a bond of a similar risk is 8%. The firm uses the effective interest method. What is the amount of interest expense recorded in the year 2020? O $7,612 O $6,000 O $7,852 O $3,790 O $3,000