On March 31, Gomez Inc. issues 20, $25,000 bonds with a stated rate of interest of 7% and a maturity of 15 years. Gomez Inc. has a December 31 year-end. The bonds pay interest twice a year on March 31 and September 30. The effective rate of interest for the bonds is 9%. Gomez Inc. uses the effective interest method to record interest expense. How much interest expense will Gomez Inc. report when it makes its first interest payment on September 30? (When entering your answer do not use a $ sign and round to the nearest whole number.)