On January $1,$ Year $1,$ a company was authorized to issue the following bonds:Face Value: $$6,000,000$Stated Interest Rate: $5\%$Interest Payments: Semiannually on January $1$ and July $1$Maturity Date: $10$ years $($January $1,$ Year $11)$Accounting Year$-$End: December $31$Assume the bonds were issued on January $1,$ Year $1$ for $$5,553,675$ when the market rate of interest was $6\%$Assume the accounting year$-$end is April $30,$ rather than December $31.$ Prepare the adjusting entry needed on April $30$ and the interest payment entry on July $1.$