On February $1,2024,$ Strauss$-$Lombardi issued $10\%$ bonds, dated February $1,$ with a face amount of $$780,000.$The bonds sold for $$717,417$ and mature on January $31,2044(20$ years$).$The market yield for bonds of similar risk and maturity was $11\%.$Interest is paid semiannually on July $31$ and January $31.$Strauss$-$Lombardis fiscal year ends December $31.$Required:$1.$ to $4.$ Prepare the journal entries to record their issuance by Strauss$-$Lombardi on February $1,2024,$ interest on July $31,2024($at the effective rate$),$ adjusting entry to accrue interest on December $31,2024$ and interest on January $31,2025.$Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar. If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.