$1.$ Green Star in Ithaca issued $$4,000,000,8\%,10-$year bonds on $1/1/22.$ The bonds pay

interest annually on December $31$st of each year. The market rate of interest is $7\%.$

Required: $($round amounts to the nearest dollar and show supporting calculations$)$

a$.$ Prepare the journal entry to record the issuance of the bonds.

b$.$ Prepare the journal entry to record the interest payment on December $31,2022.$

c$.$ Prepare the journal entry to record the interest payment on December $31,2023.$

d$.$ How will Green Star present its bonds on its December $31,2023,$ balance sheet?