ederal Semiconductors issued $8\%$ bonds, dated January $1,$ with a face amount of $$850$ million on January $1,2024.$

The bonds sold for $$771,793,266$ and mature on December $31,2043(20$ years$).$

For bonds of similar risk and maturity the market yield was $9\%.$

Interest is paid semiannually on June $30$ and December $31.$

Federal determines interest at the effective rate.

Federal elected the option to report these bonds at their fair value.

On December $31,2024,$ the fair value of the bonds was $$760$ million as determined by their market value in the over$-$the$-$counter market.

Assume the fair value of the bonds on December $31,2025,$ had risen to $$766$ million.