Jackson Company sold $ $1,080,000$ of $10\%,20-$ year bonds at $96$ on January $1,2024.$ The bonds were dated January $1,2024$ and pay interest on June $30$ and December $31.$ Jackson paid $ $40,000$ in bond issue costs $.$ If Jackson uses the straight $-$ line amortization $,$ What would be the amount of interest expense for year $202\mathrm{4?}$