On January 1, 2024, Ling Services issued $165,000 of five-year, 12% bonds when the market interest rate was 10%. The issue price of the bonds was $177,758. Ling uses the effective-interest method to amortize the bond premium. Semiannual interest payments are made on June 30 and December 31 of each year. How much interest expense will be recorded when the first interest payment is made? (Round the final answer to the nearest dollar.)