Help You are the new controller for Moonlight Bay Resorts. The company CFO has asked you to determine the company's interest expens for the year ended December 31, 2018. Your accounting group provided you the following information on the company's debt (EV of $1, PV of S1, EVA of S1. PVA of S!. EVAD of $1 and PVAD of S) (Use appropriate factorfs) from the tables provided) y issued bonds with a face amount of $2.500,000. The bonds mature in 20 years and interest % Moonlight Bay payable semiannually on June 30 and December 31. The bond records interest at the effective rate. At December 31, 2017, Moonlight Bay had a 10% installment note pa annual payment is $85,000, payable each June 30. were issued at a price to yield investors 10 34) 2. yable to Third Mercantile Bank with a balance of S 550,000. The On January 1, 2018, Moonlight Bay leased a building under a finance lease calling for four annual lease payments of $50,000 beginning January 1, 2018. Moonlight ay's incremental borrowing rate on the date of the lease was 13% and the lessor's implicit rate, which was known by Moonlight Bay, was 12% ok Required: Calculate interest expense for the year ended December 31, 2018. (Round your answer to nearest whole doltlar) ences erest expense