On July $1,$ Somerset Inc. issued $$200,000$ of $10\%,10-$year bonds when the market rate was $12\%.$ The bonds paid interest semi$-$annually. Assuming the bonds sold at $58\mathrm{.}55,$ what was the selling price of the bonds? Explain why the cash received from selling this bond is different from the $$200,000$ face value of the bond.