Naval Inc. issued $$20,000,000$ face value bonds at a premium and received $$21,450,000.$ At the end of $2019,$ the balance in the Premium on Bonds Payable account is $$556,000.$ This year$$s balance sheet will show a net liability of $\_\_\_\_\_\_\_\_.$

$$20,000,000$

$$19,444,000$

$$20,556,000$

$$21,450,000$

On July $1,$ a company sells $8-$year $$250,000$ bonds with a stated interest rate of $6\%.$ If interest payments are paid semi$-$annually, each interest payment will be $\_\_\_\_\_\_\_\_.$

$$22,000$

$$7,500$

$$20,900$ Loss

$$15,000$