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On January 1, 2021, Bonita Industries sold $4950000 of its 12% bonds for $4382220 to yield 14%. Interest is payable semiannually on January 1 and

On January 1, 2021, Bonita Industries sold $4950000 of its 12% bonds for $4382220 to yield 14%. Interest is payable semiannually on January 1 and July 1. What amount should Bonita report as interest expense for the six months ended June 30, 2021?

$306755

$262939

$297000

$346500

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