On January $1,2021,$ a company issues $$770,000$ of $8\%$ bonds, due in ten years, with interest payable semiannually on June $30$ and December $31$ each year. Assuming the market interest rate on the issue date is $7\%,$ the bonds will issue at $$824,718.$

Required:

a$.$ Fill in the blanks in the amortization schedule below: $($Round your answers to the nearest dollar amount.$)$

b$.$ Record the bond issue on January $1,2021,$ and the first two semi$-$annual interest payments on June $30,2021,$ and December $31,2021.($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.$)$