On January 1, 2020, Kevin Company issued three-year bonds with a face value of $680,000. When sold the market price for bonds was $663,381.48. The bonds paid interest annually on December 31 and mature on December 31, 2022. The stated interest rate is 10%. At the time the bonds were issued, the market interest rate for debt of ident was 11% There are no issue costs. Kevin amortizes discount and premium using the Effective Interest method. Here is the amortization table for the Kevin Company bonds: Date Cash Int. Exp. Disc. Amort. Carry Value 01/01/20 663,381.48 12/31/20 68,000.00 72,971.96 (4.971.96) 668,353.44 12/31/21 68,000.00 73,518.88 (5,518.88) 673,872.32 (6,12768) 680,000.00 12/31/22 68,000.00 74,127.68 Assume Kevin Company's fiscal year ends on July 31. Give the interest expense reported on Kevin Company Income Ti tomont for the fiscal year ended July 31, 2021. Hint: This is for a full twelve-month period