Fleetwood Corporation sold $$800,000$ of $12$ percent, $10-$year bonds at face value

on September $1,2014.$ The issue date of the bonds was May $1,2014.$

$1.$ Prepare the journal entries to record the sale of the bonds on September $1$ and the

first semiannual interest payment on November $1,2014.$

$2.$ The company$$s fiscal year ends on December $31,$ and this is its only bond issue.

What is the bond interest expense for the year ended December $31,2014?$