On January $1,2024,$ Nora Enterprises issued $12\%$ bonds dated January $1,2024,$ with a face amount of $$20$ million. The bonds mature in $2033(10$ years$).$ For bonds of similar risk and maturity, the market yield is $10\%.$ Interest is paid semiannually on June $30$ and December $31$

$-$Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

Q$.$Prepare the journal entry to record interest on June $30,2024,$ and December $31,2024,$using the 'straight line method'.

$($Round your intermediate calculations ot the nearest whole dollar$).$