On October 1, 2015, Severus Corp. issued 596, 10-year bonds with a face value of $2,000,000 at 104%. On October 1 and April 1, interest is paid. Any premiums or discounts are amortized on a straight-line basis. If you were preparing Severus Corporation's income statement for December 31, 2015, which bond interest expense would you report? $23,000 $25,000 $27,000 $46,000