On January 1, 2020 Wyatt Company issues $500,000 of 7% bonds due in 15 years, with interest payable on June 30 and December 31 each year. Lowden Inc. purchases all the bonds in a private placement. Assuming the market rate of interest on the issue date is 6%. Lowden will purchase the bonds for $549,001. Calculate the amount of interest revenue that Lowden Inc. would record for the December 31, 2020 interest payment. (round to the nearest dollar). $19.215$16,470$16,439$32,940 None of the above