On June 30, 2020, Oriole Company issued $3,810,000 face value of 16%. 20-year bonds at $4,956,520, a yield of 12%. Oriole uses the effective interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. cember 31, 2021, balance sheet. (Round Show the proper balance sheet presentation for the liability for bonds payable on the December 31, 2021, balance sheet. (Round answers to decimal places, e.g. 38,548.) Oriole Company Balance Sheet List of Accounts Provide the answers to the following questions. (1) What amount of interest expense is reported for 2021? (Round answer to decimal places, e.g. 38,548.) Interest expense reported for 2021 $