On July $1,2025,$ Crane Corporation purchased at par $6\%$ bonds having a maturity value of $$268,800.$ The bonds are dated July $1,$On January $1,2025,$ Bridgeport Company acquires $$250,000$ of Spiderman Products, Inc., $9\%$ bonds at a price of

$$231,986.$ Interest is received on January $1$ of each year, and the bonds mature on January $1,2028.$ The

investment will provide Bridgeport Company a $12\%$ yield. The bonds are classified as held$-$to$-$maturity.

$2025,$ and mature July $1,2030,$ with interest payable on July $1$ of each year. The bonds are classified in the held$-$to$-$maturity category,

and the company does not use reversing entries.

$($a$)$ Prepare the journal entry at the date of the bond purchase.

$($b$)$ Prepare the journal entry to record the interest earned and interest received for $2025.$

$($c$)$ Prepare the journal entries to record the interest earned and interest received for $2026.$