On January $1,2018,$ the Satchmo! Company sold $$10,000$ of $3$ year $8\%$ bonds for $$9,503.$ The market rate was $10\%.$ Provide all entries for the three years including the retirement of the bond on December $31,2020.$

$\backslash$table$[[1/1/18,$Cash,$9,503],[,$Discount on bonds payable,$497],[$Bonds payable,$10,000,]]$