Question: On January 1 , 2 0 2 4 , Solo Incorporated issued 2 , 1 0 0 of its 9 % , $ 1 ,

On January 1,2024, Solo Incorporated issued 2,100 of its 9%, $1,000 bonds at 99. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1,2034. Solo paid $40,000 in bond issue costs. Solo uses straight-line amortization.
The amount of interest expense for 2024 is:

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