On January 1, 2021, Legion Company sold $290,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $190,212, priced to yield 12%. Legion records interest at the effective rate.

Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:(Round your answer to the nearest dollar amount.)

Multiple Choice

• $17,400.
• $34,800.
• $8,700.
• $11,413.