On January $1,2025,$ Pina Corporation issued $$590,000$ of $9\%$ bonds, due in $8$ years. The bonds were issued for $$558,029,$ and pay interest each July $1$ and January $1.$ Pina uses the effective$-$interest method.

Prepare the company$$s journal entries for $($a$)$ the January $1$ issuance, $($b$)$ the July $1$ interest payment, and $($c$)$ the December $31$ adjusting entry. Assume an effective$-$interest rate of $10\%$