The Bradford Company Issued $8\%$ bonds, dated January $1,$ with a face amount of $$80$ million on January $1,2021$ to Saxton$-$

Bose Corporation. The bonds mature on December $31,2030(15$ years$).$ For bonds of similar risk and maturity, the market yleld

Is $10\%.$ Interest is pald semlannually on June $30$ and December $31.($FV of $$1.$ PV of $$1,$ FVA of $$1.$ PVA of $$1.$ FVAD of $$1$ and

PVAD of $$1$

Required:

to $3.$ Prepare the joumal entrles to record the purchase of the bonds by Saxton$-$Bose on January $1,2021,$ Interest revenue on

June $30,2021$ and Interest revenue on December $31,2021($at the effective rate$).($Enter your answers In whole dollars. If no

entry is required for a transaction$/$event$,$ select $"$No journal entry required" In the first account field.$)$