On December $31,$ Coffey Company issued $$525,000$ of $15-$year, ten percent bonds payable for $$615,615,$ yielding

an effective interest rate of eight percent. Interest is payable semiannually on June $30$ and December $31.$

Determine the financial statement effect of:

$($a$)$ the issuance of the bonds

$($b$)$ the first semiannual interest payment and premium amortization $($effective interest method$)$ on June $30$

$($c$)$ the second semiannual interest payment and premium amortization on December $31$

Round amounts to the nearest dollar.