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Question 29 3 pts On July 1, 2021 Patrick Expeditions issued bonds. The issue price was $432,444 - these bonds had a face value of

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Question 29 3 pts On July 1, 2021 Patrick Expeditions issued bonds. The issue price was $432,444 - these bonds had a face value of $400,000 The coupon rate for these bonds at issue was 10%/year and the Market rate of interest was 8%/year. Coupon payments are to be made semi-annually. How much interest expense will Patrick Expeditions recognize on December 31, 2021? (round your answer to the closest dollar) $40,000 20.000 $17,298 $34,596

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