Question 4 1 pts Aggies Inc. issued bonds with a $500,000 face value, 10% interest rate, and a 4-year term on July 1, 2018, and received $540,000. Interest is payable semi-annually. At the date of issuance, the market rate was 8%. Any discount or premium is amortized using the straight-line method. What is the amount of interest expense recorded in the first semiannual interest payment? Format: please enter your response rounded to whole dollars with a comma and dollar sign. For example, $4,444