$[$The following information applies to the questions displayed below.$]$On January $1,$ Year $1,$ Jones Company issued bonds with a $$240,000$ face value, a stated rate of interest of $8\mathrm{.}5\%,$ and a $5-$year term to maturity. The bonds were issued at $99.$ Interest is payable in cash on December $31$st of each year. Thecompany amortizes bond discounts and premiums using the straight$-$line method.hisWhat is the total amount of liabilities shown on Jones' balance sheet at December $31,$ Year $2?$