On June 1, 2021, Enya purchased a taxable bond with a face value of $10,000. The bond matures on June 1, 2026, and has a stated interest rate of 5%. Enya paid $11,000 for the bond on the secondary market. She received one coupon payment of $500 on June 1, 2022; this was her only interest income for the year. She chooses annual accrual periods ending on June 1 of each year, and the amount of her bond premium amortization for 2022 is $192.

What is the total amount of taxable interest that should be reported on page 1 of Enya's Form 1040?

$192

$308

$500

$692