On May $1,2023,$ NorthCo issued $$1,050,000$ of $7\%$ bonds, with interest paid semi$-$annually on April $30$ and October $31.$ The bonds were originally dated November $1,2006,$ and were $20-$year bonds. The effective interest rate on the day of issuance was $8\%.$ The company uses the effective method to measure interest expense.

Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd$/$mmm $($ie$.$ January $15$ would be $15/$Jan$).$ Please make sure your final answer$($s$)$ are accurate to $2$ decimal places.

$($a$)$ Calculate the issue proceeds at May $1,2023.$

$($b$)$ Prepare the journal entry for May $1,2023.$

$($c$)$ Prepare the journal entry for June $30,2023($the fiscal year$-$end$).$

d$)$ Prepare the journal entry for October $31,2023.$

$($e$)$ Prepare the journal entry for April $30,2024.$

$($f$)$ Calculate the value of the bond on the June $30,2023$ balance sheet.