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On January 1, 2021, Leglon Company sold $250,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were

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On January 1, 2021, Leglon Company sold $250,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $135,301, priced to yleld 12%. Legion records interest at the effective rate. Legion should report bond interest expense for the slx months ended June 30, 2021, in the amount of: (Round your answer to the nearest dollar amount.)

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