On January $1,2024,$ Crena Ltd$.$ issued $$570,000$ of $5\%,5-$year bonds. The bonds wera issubd to vield a market interest rate of $6\%.$ Crane's year end is December $31.$ On January $1,2026,$ immediately after making and recording the semi$-$annual interest paymant, Crane redsemed the bonds. A partial bond amortization schedule is presented balow.

$\backslash$table$[[\backslash$table$[[$Semi$-$Annual$],[$Interest Period$]],\backslash$table$[[$Interest$],[$Payment$]],\backslash$table$[[$Interest$],[$Expense$]],$Amortization,$\backslash$table$[[$Carrying$],[$Amount of Bonds$]]],[$Jan $1,2024,,,,$$$545,699$