woodroad company prepare a bond issue dated January $1,2021.$ On January $1,2021$ the company sold $100,000$ of its bonds which the market rate was $5\mathrm{.}5\%$ at a price of $104\mathrm{.}35$ to bond mature in $12$ years and have a contract rate of interest of $6\%$ per year. Interest is payable bit semi annual on June $30$ and December $31.$

A$)$ give the entry to record the insurance bonds on January $1,2021$

B$)$ give the entries to record the first two interest payments

C$)$show how the bond would be reported on the balance sheet of Woodrow company dated December $31,2021$