Metlock Electronics Ltd$.$ issued $$690,000$ of $15-$year, $6\mathrm{.}0\%$ bonds on January $1,2025,$ when the market interest rate was $5\mathrm{.}0\%.$ The cash received at the issuance of the bond was $$762,209\mathrm{.}51.$ Interest is payable semi$-$annually on July $1$ and January $1.$ Metlock has a December $31$ year end.

Prepare a bond amortization schedule for the first four interest periods, using the effective$-$interest method. $($Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}75.)$

Record the issue of the bonds and the first interest payment. $($List all debit entries before credit entries. Credit account titles are