On January $1,$ Year $1,$ Hanover Corporation issued bonds with a $$73,500$ face value, a stated rate of interest of $8\%,$ and a $5-$year term to maturity. The bonds were issued at $97.$ Hanover uses the straight$-$line method to amortize bond discounts and premiums. Interest is payable in cash on December $31$ each year.

The journal entry used to record the issuance of the bond and the receipt of cash would be: $($Round your answer to the nearest whole dollar amount.$)$