On January 1,2017 Streuly Sales Issued $24000 in bonds for 19700. These are six-year bonds with a stated rate of 12% and pay semiannual interest. Streuly Sales uses the straight-line method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances as follows:

Bonds Payable:24000 (On Credit side)

Discount on Bonds Payable:4300(on Debit side)

After the second interest payment on December 31,2017, what is the balance of discount on bonds payable?(round to two decimals)