The long$-$term liability section of Twin Digital Corporation's balance sheet as of December $31,2023,$ included $12\%$ bonds having a face amount of $$35$ million and a remaining discount of $$1$ million. Disclosure notes indicate the bonds were issued to yield $14\%.$

Interest expense is recorded at the effective interest rate and paid on January $1$ and July $1$ of each year. Interest was accrued and expensed on December $31,2023.$ On July $1,2024,$ Twin Digital retired the bonds at $104($ $$36\mathrm{.}4$ million$)$ before their scheduled maturity.

Required:

& $2.$ Prepare the necessary journal entries by Twin Digital on July $1,2024.$

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Enter your answers in whole dollars.

Answer is not complete.

$\backslash$table$[[$No$,$Date,Gen,,Debit,Credit$],[1,$July $01,2024,$Interest expense,$0,1,764,000,],[,$Discount on bonds payable,$0,36,000ox,],[,$Cash,$0,,1,800,000$