$15-22$ The Brant Group reported total interest expense for the year of $$2,000.$ The table below provides the monthly balance of their long$-$term debt. Interest is paid monthly on the average daily balance during the month. The annual interest rate for the debt is $6\%.$

$\backslash$table$[[$Balance of long$-$term debt @ Jan $31,100,000],[$Balance of long$-$term debt @ Feb $28,90,000],[$Balance of long$-$term debt @ Mar $31,80,000],[$Balance of long$-$term debt @ Apr $30,70,000],[$Balance of long$-$term debt @ May $31,90,000],[$Balance of long$-$term debt @ June $30,85,000],[$Balance of long$-$term debt @ July $31,80,000],[$Balance of long$-$term debt @ Aug $31,70,000],[$Balance of long$-$term debt @ Sept $30,60,000],[$Balance of long$-$term debt @ Oct $31,65,000],[$Balance of long$-$term debt @ Nov $30,75,000],[$Balance of long$-$term debt @ Dec $31,50,000]]$

Required:

Based on the data provided, if you were auditing The Brant Group would you consider the reported interest expense fairly stated? Why or why not?