On December $31,2025,$ Wildhorse Corp. had a $$11,300,000,8\%$ fixed$-$rate note outstanding, payable in $2$ years. It decides to enter into a $2-$year swap with Chicago First Bank to convert the fixed$-$rate debt to variable$-$rate debt. The terms of the swap indicate that Wildhorse will receive interest at a fixed rate of $8\%$ and will pay a variable rate equal to the $6-$month LIBOR rate, based on the $$11,300,000$ amount. The LIBOR rate on December $31,2025,$ is $7\mathrm{.}0\%.$ The LIBOR rate will be reset every $6$ months and will be used to determine the variable rate to be paid for the following $6-$month period. Wildhorse Corp. designates the swap as a fair value hedge. Assume that the hedging relationship meets all the conditions necessary for hedge accounting. The $6-$month LIBOR rate and the swap and debt fair values are as follows. Date $6-$Month LIBOR Rate Swap Fair Value Debt Fair Value December $31,20257\mathrm{.}0\%$ $$11,300,000$ June $30,20267\mathrm{.}5\%(217,600)11,082,400$ December $31,20266\mathrm{.}0\%61,82011,361,820$ Present the journal entries to record the following transactions. $1.$ The entry, if any, to record the swap on December $31,2025.2.$ The entry to record the semiannual debt interest payment on June $30,2026.3.$ The entry to record the settlement of the semiannual swap amount receivables at $8\%,$ less amount payable at LIBOR, $7\mathrm{.}0\%.4.$ The entry to record the change in the fair value of the debt on June $30,2026.5.$ The entry to record the change in the fair value of the swap at June $30,2026.($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$ No$.$ Date Account Titles and Explanation Debit Credit $(1)(2)($To record the semiannual debt interest payment.$)(3)($To record the settlement of the semiannual swap amount.$)(4)($To record the change in fair value of the debt.$)(5)($To record the change in fair value of the swap$)$ Indicate