On November $1,2022,$ Davis Company issued $$30,000,$ nine$-$year, $9\%$ bonds for $$29,064.$ The bonds were dated November $1,2022,$ and interest is payable each November $1$ and May $1.$ Davis uses the straight$-$line method of amortization.

How much is the semi$-$annual interest expense when the straight$-$line method of amortization is utilized?