Paulson Company issues $9\%,$ four$-$year bonds, on January $1$ of this year, with a par value of $$101,000$ and semiannual interest payments.

Use the above straight$-$line bond amortization table and prepare journal entries for the following.

$($a$)$ The issuance of bonds on January $1.$

$($b$)$ The first interest payment on June $30.$

$($c$)$ The second interest payment on December $31.$

$1$ Record the issuance of the bonds on January $1.$

$2$ Record the first interest payment on June $30.$

$3$ Record the second interest payment on December $31.$