Oriole Company purchased $$1050000$ of $11\%$ bonds of Scott Company on January $1,2021,$ paying $$989783.$ The bonds mature January $1,2031$; interest is payable each July $1$ and January $1.$ The discount of $$60217$ provides an effective yield of $12\%.$ Oriole Company uses the effective$-$interest method and plans to hold these bonds to maturity.

For the year ended December $31,2021,$ Oriole Company should report interest revenue from the Scott Company bonds of;