$5$ GoodFoods, Inc issued $$760,000$ of its $20-$year, $8\%$ bonds on Janaury $1,2024.$

$6$ Bonds were priced to yield $10\%.$

$7$ GoodFoods uses the effective interest method to record its semi$-$annual interest payments.

$8$

$7.$ On December $31,2024,$ the fair value of the bonds was $$636,000$ as determined by their market value. General risk$-$free rates did not change in

$92024.$ Record the entry to adjust the bonds to fair value.

$10$

$11$

$12$

$13$

$14.$ Bond Carrying Value $($show all accounts names and amounts to arrive at carrying value$)$

$15$

$16$

$17$

$18$

$19$

$20$

$21$

$9.2024$ Total Interest Expense

$12/31/24$

$22$

$23$

$24$

$25$

$26$