On January $1,2025,$ Oriole Company purchased at par $8\%$ bonds having a maturity value of $$260,000.$ They are dated January $1,2025,$ and mature January $1,2030,$ with interest received on January $1$ of each year. The bonds are classified in the held$-$to$-$maturity category.

$($a$)$ Prepare the journal entry at the date of the bond purchase.

$($b$)$ Prepare the journal entry to record the interest revenue on December $31,2025.$

$($c$)$ Prepare the journal entry to record the interest received on January $1,2026.$