Bougre Company issues $8\%,10-$year bonds with a par value of $$150,000$ and

semiannual interest payments. On the issue date, December $31,2022,$ the annual

market rate for these bonds is $10\%,$ which implies a selling price of $8712.$ The

straight$-$line method is used to allocate interest expense.

Prepare the following: $($a$)$ the journal entry for the issuance of the bond, $($b$)$ the

interest payment $($including the amortization of the discount$)$ on June $30,2023,$ and

$($c$)$ the entry required at maturity on December $31,2032.$