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Zhou Company received proceeds of HK $ 1 8 8 , 0 0 0 on 1 0 - year, 6 % bonds issued on January

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Zhou Company received proceeds of HK $188,000 on 10-year, 6% bonds issued on January 1,2023. The bonds had a face value of HK $200,000, pay interest annually on December 31, and have a call price of 101. Zhou uses the straightline method of amortization. What amount of interest expense will Zhou report for these bonds for the year ended December 31,2024?(3%)
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