Required information [The following information applies to the questions displayed below.] On January 1 of this year, Nowell Company issued bonds with a face value of $100,000 and a coupon rate of 8 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31 . When the bonds were sold, the annual market rate of interest was 8 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) Note: Use appropriate factor(s) from the tables provided. 2. What amount of interest expense should be recorded on June 30 and December 31 of this year