Question: On March 1 , 2 0 2 4 , Forever City issued $ 9 0 0 , 0 0 0 of 4 percent tax -

 On March 1,2024, Forever City issued $900,000 of 4 percent tax-supported

On March 1,2024, Forever City issued $900,000 of 4 percent tax-supported bonds. The bonds mature 'in 10 years and pay interest semiannually on March 1 and September 1, beginning on September 1,2024. For the fiscal year ending December 31,2024, what amount is reported as interest expenditure in the debt service fund for 2024?
$12,000.
$18,000.
$30,000.
so.
bonds. The bonds mature 'in 10 years and pay interest semiannually on

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