On January $1,2024,$ Richetti Ltd$.$ purchased $$232,000$ of $11\%,10-$year bonds at face value $(100)$ with the intention of selling the

bonds early the next year. Richetti receives interest semi$-$annually on July $1$ and January $1.$ At December $31,2024,$ which is the

company's fiscal year end, the bonds were trading in the market at $98.$ Assume that Richetti sold the bonds for $$227,360$ on January $2,$

Record the collection of the interest and the sale of the bonds. $($List all debit entries before credit entries. Credit account titles are

automatically indented when the 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.$)$