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On January 1, 2021, Peverell Company sold $210,000 of 4% ten year bonds. Interest is payable semiannually on June 30 and December 31. The bonds

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On January 1, 2021, Peverell Company sold $210,000 of 4% ten year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $113,653, priced to yield 12%. How much Interest expense should Peverell Company report for the six months ended June 30, 2021 Numer Response

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