On January $1,2025,$ Sunland Corporation issued $$580,000$ of $9\%$ bonds, due in $10$ years. The bonds were issued for $$619,414,$ and pay

interest each July $1$ and January $1.$ The effective$-$interest rate is $8\%.$

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. Sunland uses the effective$-$interest method. $($Round answers to $0$ decimal places, e$.$g$.38,548.$ If no entry is required, select

$"$No Entry" for the account titles and enter Ofor the amounts. Credit account titles are autamatically indented when the amount is entered. Do

not indent manually. List all debit entries before credit entries.$)$

No$.$

$($a$)$

$($b$)$

$($c$)$