On March 2, 2023, 20-year, 3 percent, general obligation serial bonds were issued by Mossy County at the face amount of $2,300,000. Interest of 3 percent per year is due semiannually on March 1 and September 1. The first principal payment of $115,000 is due on March 1, 2024. The county's fiscal year-end is December 31. What amounts are reported as interest expense In the government-wide financial statements and interest expenditure in the debt service fund for 2023? Interest Expense Multiple Choice $57,500.00 Interest Expenditure $34,500.00 $34,500.00 $57,500.00 $57,500.00 $57,500.00 $57,500.00 $69,000.00