The City of Amarillo is authorized to issue $$8,000,000,3$ percent regular serial bonds in $2023$ for the construction of a new exit off the interstate highway within city limits$.$ The bonds mature in equal annual amounts beginning on January $1,2024,$ for $10$ years and pay interest on January $1$ and July $1.$ The city is required to use all accrued interest and premiums to service the debt. The funds to pay the interest will be transferred from the General Fund. The countys fiscal year$-$end is December $31.$Please answer part f provided in the image. The answer is not $$120,000!$