$1$ January $1,2024,$ Bell Company purchased, as an investment, $10-$year bonds with a face value of $$450,000$ for $$506,070$ to be classified as Available for sale. The bonds carriy a stated annual interest rete of $12\%$ and an effective annual yield of $10\%.$ Interest will be received on Janualy $1$ of each vear, beginnings with $\frac{1}{1}\frac{?}{2025}.$ The fair value of the bond investment on $\frac{12}{31}\frac{?}{2024}$ is $$504,900.$ Required:

A$.$ Prepare an amortization schedule for the bonds investment for $2024,2025,$ and $2026$ using the effective interest method.

B$.$ Prepare the journal entries related to the bond investment for $2024.$

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