Blossom Industries, Inc. issued $$18,900,000$ of $8\%$ debentures on May $1,2024$ and received cash totaling $$16,769,267.$ The bonds pay interest semiannually on May $1$ and November $1.$ The maturity date on these bonds is November $1,2028.$ The firm uses the effective$-$interest method of amortizing discounts and premiums. The bonds were sold to yield an effective rate of $10\%.$Calculate the total dollar amount of discount or premium amortization during the first year $(5/1/24$ through $4/30/25)$ these bonds were outstanding.

Current Attempt in Progress

Blossom Industries, Inc. issued $$18,900,000$ of $8\%$ debentures on May $1,2024$ and received cash totaling $$16,769,267.$ The bonds pay interest semiannually on May $1$ and November $1.$ The maturity date on these bonds is November $1,2028.$ The firm uses the effectiveinterest method of amortizing discounts and premiums. The bonds were sold to yield an effective rate of $10\%.$

Calculate the total dollar amount of discount or premium amortization during the first year $(\frac{5}{1}\frac{?}{24}$ through $\frac{4}{30}\frac{?}{25})$ these bonds were outstanding. $($Round answers to $0$ decimal places, e$.$g$.5,275.)$