Exercise $14-4($Static$)$ Investor; effective interest $[$L$014-2]$

The Bradford Company issued $10\%$ bonds, dated January $1,$ with a face amount of $$80$ million on January $1,2021$ to Saxton$-$Bose Corporation. The bonds mature on December $31,2030(10$ years$).$ For bonds of similar risk and maturity, the market yield is $12\%.$ Interest is paid semiannually on June $30$ and December $31.($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

Required:

to $3.$ Prepare the journal entries 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.$)$

Answer is not complete.

$\backslash$table$[[$No$,$Date,General Jo$,,$Debit,Credit$],[1,$January $01,2021,$Investment in bonds,$0,,],[,$Cash,$0,,],[2,$June $30,2021,$Cash,,$4000000,],[,$Discount on investment in bonds,$(0),,],[,$Interest revenue,,,$],[3,$December $31,20,$Cash,$0,4,000,000,],[,$Discount on investment in bonds,$(0),,],[,$Interest revenue,a$,,]]$