Herrera Corporation issued a $$475,000,6\mathrm{.}5\%,8-$year bond payable on January $1,2024.$ Journalize the payment of the bond payable at maturity. $($Give the date.$)($Assume that the final payment of interest has already been made and recorded. Record debits first, then credits. Select explanations on the last line of the joumal entry.$)$