On January $1,$ Year $1,$ Willette Company sold $$240,000$ of $6\%$ ten$-$year bonds. Interest is payable semiannually on June $30$ and December $31.$ The bonds were issued for $$180,181,$ priced to yield $10\%.$ What is the amount of effective interest expense that should be recorded for the six months ended June $30,$ Year $1?$