On January $1,2025,$ Lily Corporation issued $$2,150,000$ face value, $6\%,10-$year bonds at $$1,998,993.$ This price resulted in an effective$-$interest rate of $7\%$ on the bonds. The bonds pay annual interest, each January $1.$ Lily has a calendar year end. Prepare the journal entry to record the accrual of interest and the amortization of the discount on December $31,2025.$