On January $1,2020,$ Splish Company purchased $10\%$ bonds having a maturity value of $$420,000,$ for $$453,537\mathrm{.}42.$ The bonds provide the bondholders with a $8\%$ yield. They are dated January $1,2020,$ and mature January $1,2025,$ with interest received on January $1$ of each year. Splish Company uses the effective$-$interest method to allocate unamortized discount or premium. The bonds are classified in the held$-$to$-$maturity category.

$($a$)$

Prepare the journal entry at the date of the bond purchase. $($Enter answers to $2$ decimal places, e$.$g$.2,525\mathrm{.}25.$ Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$\backslash$table$[[$Date Account Titles and Explanation,,$],[$Jan$.1,,,],[2020,,$Debit$]]$