Need assistance please.

On January 1, 2025, Pharaah Company purchased 5% bands, having a maturity value af $570,000 for $408,969. The bonds provide the bondholders with a 7% yield. They are dated January 1, 2025, and mature January 1, 2035, with interest receivable June 30 and December 31 of each year. Pharcah Company uses the effective-interest method to allocate unamortized discourt ar premium. The bands are classified as available-for-sale. The fair value of the bond at December 31 af each year-end is as fallows. [a] Prepare the jourral entry at the date of the bond purchase (b) Prepare the jourral entries to record the interest received and recognition of fair value for 2025. [c) Prepare the jourral entry to record the recogrition of fair value for 2026 . (Round answers to 0 decimal places, e. 2. 2,525. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)