Jan $1$st$,2023$: issues a $$10,000,000$ face value bond with a coupon rate of $12\%.$ Coupon payments are made semi$-$annually, and the market determines that the risk profile warrants an interest rate of $15\%.$ The bond maturity date is December $31$st$,2024.$ Payments are made every June $30$th and December $31$st$.$

$1$st$.$Record all journal entries between Jan $1$st$,2023$ and Dec $31$st$,2024.$

$2$nd$.$ Create the Income Statement and Cash Flow Statement with respect to the above transactions for the $12$ months between Jan $1$st$,2023$ and Dec $31$st$,2023.$

$3$rd$.$ Create the Balance Sheet as of Dec $31$st$,2023.$