On January $1,2025,$ Sheridan Co$.$ issued ten$-$year bonds with a face value of $$4,750,000$ and a stated interest rate of $10\%,$ payable semiannually on June $30$ and December $31.$ The bonds were sold to yield $12\%.$ Table values are:

Present value of $1$ for $10$ periods at $10\%\backslash$t$\backslash$t$0\mathrm{.}38554$

Present value of $1$ for $10$ periods at $12\%$

$\backslash$t$\backslash$t$0\mathrm{.}32197$

Present value of $1$ for $20$ periods at $5\%$

$\backslash$t$\backslash$t$0\mathrm{.}37689$

Present value of $1$ for $20$ periods at $6\%$

$\backslash$t$\backslash$t$0\mathrm{.}31180$

Present value of annuity for $10$ periods at $10\%$

$\backslash$t$\backslash$t$6\mathrm{.}14457$

Present value of annuity for $10$ periods at $12\%$

$\backslash$t$\backslash$t$5\mathrm{.}65022$

Present value of annuity for $20$ periods at