Question: On April 1 , 2 0 2 5 , 2 0 - year, 5 percent, general obligation serial bonds were issued by Terry County at

On April 1,2025,20-year, 5 percent, general obligation serial bonds were issued by Terry County at the face amount of $1,000,000. Interest of 5 percent per year is due semiannually on April 1 and October 1.The first principal payment of $50,000 is due on April 1,2026. The county's fiscal year-end is December 31. What amount is reported as interest expenditure in the debt service fund for 2025? $25,000. $37,500. $87,500. $50,000.

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