Williams Company has a December 31 fiscal year end. On October 31, Williams Company issues 9%, 20-year bonds with a par value of $750,000 that pay interest semiannually on April 30 and October 31. The amount of interest expense recorded at the first semiannual interest payment to the bondholders is: $45,000. $67,500. $11,250. $22,500. $33,750