Fall issued bonds for cash on December $31$ that have not been recorded yet. The five$-$year bonds have a face value of $$5,000,000$ with a coupon interest rate of $7\mathrm{.}0\%.$ They pay interest semiannually on June $30$ and December $31.$ The market interest rate on December $31$ was $7\mathrm{.}5\%.$Fall Corporation's capital structure consists of $500,000$ authorized shares of common stock, of which $100,000$

have been issued and are still outstanding. At December $31,2022,$ an analysis of the accounts and discussions

with company officials revealed the following information: