On February $1,2023,$ Mojito, Inc. issued $$2,000,000,5\%$ bonds for $$2,165,000.$ Interest is payable semiannually on January $31$ and July $31$ with the bonds maturing on February $1,2032(10-$year bonds$).$ The bonds are callable at $103.$ On February $1,2024,$ Mojito retired $$500,000$ of the bonds at the call price.

Required:

a$.$ Prepare the journal entry for the issuance of the bonds

b$.$ Prepare any required journal entries for interest payments on July $31,2023$ and January $31,2024.$ Mojito uses straight$-$line amortization to amortize any discount or premium.

c$.$ Prepare the required entry to record the retirement of the bonds on February $1,2024.$