Question 9 2 pts On January 1, 2021, Waterway Industries sold $5,000,000 of its 10%, 10 year bonds for $4,701,240 to yield 11%. Interest is payable semiannually on January 1 and July 1. What amount should Waterway report as interest expense for the six months ended June 30, 2021? O $250,000 $258,568 $500,000 O $517,136