I have the answer but I need to know the process of how to get to the answer. Please break it down slowly for me so I know how to do it. Thanks you.

1.A $300,000, ten-year, 8% bond issue was sold to yield 9% interest payable annually. Actuarial information for 10 periods is as follows:

8% 9%

Present Value of 1 0.46319 0.42241

Present value of an annuity of 1 6.71008 6.41766

What is the discount at the date of bond issuance? The answer is it would be $19,253