please show all work

Remaining Time: 22 minutes, 57 seconds. Question Completion Status: Close Window Moving to another question will save this response. Question 5 of 6 Question 5 3 points Save Answer Jacob Company sold $1,020,000 of 4%, 10-year bonds at 98 on January 1, 2021. The bonds were dated January 1, 2021 and pay interest on June 30 and December 31. Jacob paid $20,000 in bond issue costs. If Jacob uses the straight-line amortization, the amount of interest expense for year 2021 would be: (Do not add dollar sign, do not add comma by yourself to your amount round the answer to the whole number) A Moving to another question will save this response, Question 5 of 6 >>> Close Window esc *) 1 7 a 2 # 3 % 5 7 9 6 8 O Q W E R T Y O tab S D F H caps lock V B Z N M