On January $1,$ J&MC Inc. issues $$100,000$ of $3-$year bonds with a coupon rate of $10\%,$ coupon payments due on June $30$ and December $31.$ The bonds were priced to yield $10\%$ with semi$-$annual compounding $($i$.$e$.,$ the market rate was $10\%).$What will be the amount of the first cash payment? $$Round your answer to the nearest cent. not using excel