On February $1,2024,$ Sanyal Motor Products issued $6\%$ bonds, dated February $1,$ with a face amount of $$95$ million.

The bonds mature on January $31,2028($four years$).$

The market yield for bonds of similar risk and maturity was $8\%.$

Interest is paid semiannually on July $31$ and January $31.$

Barnwell Industries acquired $$95,000$ of the bonds as a long$-$term investment.

The fiscal years of both firms end December $31.$

$3.$ Prepare the journal entries to record the issuance of the bonds by Sanyal and Barnwell$$s investment on February $1,2024.$

$4.$ Prepare the journal entries by both firms to record all events related to the bonds through January $31,2026$