Nautical Pools purchased $50,000 of 12% SVL bonds on January? 1, 2016, at a price of 135.6when the market rate of interest was 7% Nautical intends to hold the bonds until their maturity date of January? 1,2026. The bonds pay interest semiannually on each January 1 and July 1. Calculate the amount of premium amortization?(using the? straight-line amortization? method) on July? 1, 2016 and record the related journal entry. What is the total interest revenue for the first six months of 2016?