On January $1,20$Y$5,$ Terese Corporation issued $$2,000,000$ of three$-$year, $13\%$ bonds for

$$1,952,334\mathrm{.}20.$ Interest on the bonds is payable semiannually, on June $30$ and December

$31.$ On the date of issuance, the market rate of bonds was $14\%.$ Calculate the interest

expense and discount amortization for the first fiscal year using the straight$-$line method

for amortization.