On October $1,2024$ Sheridan Corporation issued $5\%,10-$year bonds with a face value of $$7960000$ at $105.$ Interest is paid on October $1$ and April $1,$ with any premium or discount amortized on a straight$-$line basis. Bond interest expense reported on the December $31.2024$ income statement of Sheridan Corporation would be

$$ $$109450.$

$$179100.$

$$89550.$

$$99500.$