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The XYZ Company issued the following bonds: Bond A Face value of bonds: $ 8 0 0 , 0 0 0 Interest rate on bonds:

The XYZ Company issued the following bonds:
Bond A
Face value of bonds: $800,000
Interest rate on bonds: 6%
Issuance price: 102
Time from issuance to maturity date: 20 years
Bond B
Face value of bonds: $800,000
Interest rate on bonds: 5%
Issuance price: 97
Time from issuance to maturity date: 20 years
For Bond B, the annual reported interest expense is

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