Cort Inc. was authorized to issue $1,000,000 of 12% bonds. On April 1, 2022 the corporation issued bonds with a face value of $190,000 at a price of 102.0. The bonds mature 10 years from the date of issue. Interest is payable semiannually on October 1 and April 1.

Using the data given above, what amount of premium will be amortized by Cort Inc. on October 1, 2022, using straight-line amortization. Prepare the general journal entry to record this amortization.