Moonlight Company sells $ 300 comma 000 of 9​ %, 15​ -year bonds for 67.0453 on April​ 1, 2018. The market rate of interest on that day is 14.5​ %. Interest is paid each year on April 1. The issue price of the bond is $ 201 comma 136. Moonlight Company uses the​ straight-line amortization method. The amount of interest expense for each year will be
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