On January $1,2022,$ Walloon Company issued its $5\%$ bonds in the face amount of $$25,000,$ which mature on January $1,2027.$ The bonds were issued for $$28,115$ to yield $3\%.$ Scottsdale uses the effective$-$interest method of amortizing bond discounts and premiums. Interest is payable annually on December $31.$ The $12/31/24$ Bond Carrying Value is:

Sydney Company issued $300$$$1,000$ bonds at $98.$ Each bond was issued with four detachable stock warrants. Shortly after issuance, the bonds were selling at $95,$ and the warrants were selling for $$40$ each.

Instructions:

Prepare the entry to record the issuance of the bonds and warrants.

$3.$ The Cinci Company issues $$100,000,10\%$ bonds at $95$ on November $1,2022.$ The bonds are dated January $1,2022$ and mature ten years from that date. Straight$-$line amortization is used. Interest is paid annually each December $31.$ Compute the bond carrying value as of December $31,2026.$

$4.$ At December $31,2025,$ the following balances existed for MICPA Corporation:

$\backslash$table$[[$Bonds Payable $(6\%),$$$600,000$