On January 2,2014,Mahoney Sales issued $10,000 in bonds for $10,900.They were 5-year bonds with a stated rate of 4%,and pay semiannual interest payments.Mahoney Sales uses the straight-line method to amortize the bond premium.Immediately after issue of the bonds,the ledger balances appeared as follows: 
After the first interest payment on June 30,2014,what was the balance in the premium account?
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