On January 1 of the current year, the Queen Corporation issued 6% bonds with a face value of $66,000. The bonds are sold for $64,020. The bonds pay Interest semiannually on June 30 and December 31 and the maturity date is December 31, five years from now. Queen records straight-line amortization of the bond discount. Determine the bond interest expense for the year ended December 31. Select the correct answer. 5330 54.356 51.980 $3.960