Bonita ltd issued $$5,000,000$ of $10-$year $,6\%$ bonds on January $1,2024,$ when the market interest rate was $7\%.$ Bonita received $$4,644,710$ when it issued these bonds. Interest is payable semi$-$annually on July $1$ and January $1.$ Bonita has a December $31$ year end. Record the journal entry for the payment of interest on January $1,2025.$ Journal entries are Interest Expense, Interest payable, bond payable and Cash which is $$150,000$