On April 13, 1999, approximately 1135 Pacific daylight time, a Cessna 172N, N75778, registered to Spanaflight, Incorporated, was substantially damaged after a bounced landing at Pierce County-Thun Airport, Puyallup, Washington. The aircraft was being operated as a title 14 CFR 91 instructional flight. Visual meteorological conditions prevailed and no flight plan was filed for the local flight. The student pilot, the sole occupant, was uninjured. The flight originated from the Pierce County Airport approximately one hour and 20 minutes prior to the accident. The pilot reported that upon touchdown on runway 34, the aircraft "bounced" and he elected to initiate a go-around. The pilot applied "a little back pressure to the yoke then added full power". The aircraft momentarily became airborne and started to roll to the left. As the pilot tried to compensate for the wing low attitude, the aircraft's stall warning horn sounded and the aircraft collided with the ground in a nose low attitude. The aircraft came to rest approximately 30 feet west of runway 34. The aircraft's nose gear was sheared off and there was extensive damage to both wings. The pilot reported no mechanical malfunction or failure with the aircraft prior to the accident.