On January $1,2024,$ X Corporation purchased bonds of R Corporation for $$52$ million $6\%,10-$year municipal bonds at par and classified the securities as available$-$for$-$sale. Interest revenue is received on June $30$ and December $31.$ On December $31,2024,$ these bonds were valued at $$46$ million. Nine months later, on October $3,2025,$ Jefferson Corporation sold these bonds for $$62$ million.

Instructions: Prepared the journal entries for:

a$.$ January $1,2024$

b$.$ June $30,2024,$ and December $31,2024,$ for Interest Revenue

c$.$ adjusting the journal entry on December $31,2024($if necessary$)$

d$.$ The journal entries on October $3,2025,$ when Jefferson Corporation sold these bonds for $$62$ million.