B$.$ Jaguar Comporation issues term bonds with a face value of $$500,000$ on lanuary $1,2025.$ The bonds have a stated rate of interest of $7$ percent and a lise of four years. They pay interest anmually on December $31.$ The market rate or effective rate on the date of issuance was $6$ percent. Record all nuxwary joumal entries on the following dates.

How mach would investors be willing to poy for the bonds on January $1,2025$ r $($calculate the cash flows and then use the tablis to calculabe the present value$)$

Determine the amount of each ammual cash interest payment.

What would be the journal entries to recond payment of interest on December $31.2025$ and Devember $31,2026$