On January $1,2024,$ Cullumber Ltd$.$ issued $$520,000$ of $5\%,5-$year bonds. The bonds were issued to yield a market interest rate of $6\%.$ Cullumber's year end is December $31.$ On January $1,2026,$ immediately after making and recording the semi$-$annual interest payment, Cullumber redeemed the bonds. A partial bond amortization schedule is presented below.

$\backslash$table$[[\backslash$table$[[$Semi$-$Annual$],[$Interest Period$]],\backslash$table$[[$Interest$],[$Payment$]],\backslash$table$[[$Interest$],[$Expense$]],\backslash$table$[[$Carrying$],[$Amortization$]],\backslash$table$[[$Amount of Bonds$]]],[$Jan$.1,2024,,,,$$$497,821$