On January $1,2023,$ The Pronghorn Company received a $4-$year promissory note that had a face value of $$1,015,000,$ and a stated interest rate of $6\%.$ Interest was receivable on January $1$ each

year. The note was issued to yield an effective interest rate of $8\%.$ The Pronghorn Company is publicly traded, uses the effective interest method of amortization for discounts or premiums, and has an April $30$ year end. Prepare the journal entry to record the receipt of the note on January $1,2023.$ Prepare any required accrual entry at the companys year end April $30,2023.$