On June $1,2023,$ Redwood Enterprises sold $6\%,15-$year, $$750,000$ bonds for $$621,608.$ The market rate for similar bonds at the time of sale was $8\%.$ The bond pays interest annually, on May $31.$

Required:

a$)$ Create a bond amortization table for the first four years. Round your answers to the nearest dollar.

b$)$ Provide the initial entry to record the bond in $2023.$

c$)$ Provide all the journal entries for the bond for $2023$ and $2024,$ assuming that Redwood has a December $31$ year end.