On January $1,2024,$ a company issues $$750,000$ of $6\%$ bonds, due in eight years, with interest payable semiannually on June $30$ and December $31$ each year. Assuming the market interest rate on the issue date is $7\%,$ the bonds will issue at $$704,648.$

Required:

Fill in the blanks in the amortization schedule below:

Record the bond issue on January $1,2024,$ and the first two semiannual interest payments on June $30,2024,$ and December $31,2024.$