On January 1, 2020, when the market rate of interest was 6%, Fargo, Inc, issued $1,000,000 face value, 10 year bonds with a stated rate of 5%. Interest is paid semi-annually on Juno 30th and December 31st. Fargo received $925,613 when the bonds were issued. How much interest expense will Fargo record for 20207 Round to the nearest dollar Numeric Response