Your Company issued a $2,000,000 face value bond on January 1,2021 . The 20 -year term bond was issued at 104 and had a 3.2% stated rate of interest that is semiannually on June 30 and on December 31 st of each year. What is the semiannual interest expense recorded when the bondholders are paid? $34,000 $32,000 $36,000 $30,000 $31,000