On the first day of 2021, Williams Company issued zero coupon bonds. These bonds have a face value of $6.8 million, a maturity of 12 years, and were issued at a price of $2,417,604. (EV of $1. PV of $1. EVA of $1. PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: What is the interest expense Williams Company reports in its 2021 income statement related to these bonds? (Enter your answer rounded to the nearest whole dollar.) Interest expense