Can someone help me expain this problem step by step please? I do not understand where some of the numbers suddenly pop up from. Thanks!

A company issues $$17,300,000,9\mathrm{.}8\%,20-$year bonds to yield $10\%$ on January $1,2024.$ Interest is

paid on June $30$ and December $31.$ The proceeds from the bonds are $$17,003,147\mathrm{.}81.$ If the

effective$-$interest method of amortization is used, what amount of interest expense will be

recognized in $2024?$

A$.$ $$1,700,437$

B$.$ $$847,700$

C$.$ $$1,695,400$

D$.$ $$1,700,242$

Int. Exp.

$847,700\mathrm{.}00$

$\frac{6}{30}\frac{?}{2024}=17,003,147\mathrm{.}81+2,457\mathrm{.}39=17,005,605\mathrm{.}20$

$r.$ Int. Exp. $850,280\mathrm{.}26,[17,005,605\mathrm{.}205\%]$

$Cr.$ Dis. $onBP2,580\mathrm{.}26$

$Cr.$ Cash $847,700\mathrm{.}00$

Total Int. Exp $=850,157\mathrm{.}39+850,280\mathrm{.}26=1,700,437\mathrm{.}65$