E$-$Tech Initiatives Limited plans to issue $$500,000,10-$year, $4$ percent bonds. Interest is payable annually on December $31.$ All of the bonds will be issued on January $1,2025.$

Required:

Show how the bonds would be reported on the January $2,2025,$ balance sheet if they are issued at $97.$

Note: Deductions should be indicated by a minus sign.

$\backslash$table$[[$E$-$TECH INITIATIVES LIMITED$],[$Balance Sheet $($partial$),],[$As of January $2,2025,],[,],[,],[$Carrying Value,$]]$