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Raymond Inc. is a provider of dog toys. On April 1 , 2 0 2 3 2 . Raymond Inc. is a provider of dog

Raymond Inc. is a provider of dog toys. On April 1,20232. Raymond Inc. is a provider of dog toys. On April 1,2023 Raymond borrowed money for an expansion by issuing 9% bonds, dated April 1, with a face amount of $1,000,000. The bonds mature in 10 years and were issued for $937,689 to yield 10% interest.fiscal year ends December 31. The amount of interest expense Maximilllon would report on September 30,2023 is:

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