On January $1,2024,$ Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $$590,000$ of $8\%$ bonds, due in $15$ years, with interest payable semiannually on June $30$ and December $31$ each year.

$2.$ If the market interest rate is $9\%,$ the bonds will issue at $$541,948.$ Record the bond issue on January $1,2024,$ and the first two semiannual interest payments on June $30,2024,$ and December $31,2024.($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.$)$