Sheridan Industries, Inc. issued $13,800,000 of 8% debentures on May 1, 2024 and received cash totaling $12,244,227. The bonds pay interest semiannually on May 1 and November 1. The maturity date on these bonds is November 1, 2028. The firm uses the effective- interest method of amortizing discounts and premiums. The bonds were sold to yield an effective rate of 10%. Calculate the total dollar amount of discount or premium amortization during the first year (5/1/24 through 4/30/25) these bonds were outstanding. (Round answers to O decimal places, e.g. 5,275.) Date Cash Interest 5/1/24 11/1/24 $ 5/1/25 Total SA $ Interest Expense $ $ Discount Amortized $ Carrying Value of Bond