Pharoah Products Ltd$.$ issued $$3\mathrm{.}14$ million of $5\%,5-$year bonds on January $1,2024.$ The bonds were dated January $1$ and pay interest annually. There is no collateral secured against the bonds and Pharoah Products may buy back the bonds at any time. The market interest rate was $6\%$ for these bonds. Pharoah has a calendar year end.

Price of Bonds $=$ $$3,007,737$

Please do these two parts:

$($c$)$ Prepare an effective$-$interest amortization table for these bonds.

$($Round answers to $0$decimal places, e$.$g$.5,275.)($Table set$-$up is seen in the screenshot below$)$

$($d$)$ Record any required adjusting entries and subsequent payment for the first four interest payments assuming reversing entries have not been used.