Sheridan Company issued $560,000, 10-year, 5% bonds at 103.

Sheridan Company issued $560,000,10-year, 5% bonds at 103 . \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline \multirow[t]{3}{*}{Jan.1} & Cash & 576800 & \\ \hline & Premium on Bonds Payable & & 16800 \\ \hline & Bonds Payable & & 560000 \\ \hline \end{tabular} Suppose the remaining Premium on Bonds Payable was $10,080 on December 31,2028 . Show the balance sheet presentation on this date