Problem $3$: On January $1,2024,$ Feller Corporation issued $$2,500,000$ of $10\%$ bonds on a basis to yield $9\%.$ Interest is payable annually on January $1$ and the bonds mature in $6$ years. The effective$-$interest method is used. Instructions $($a$)$ Prepare the journal entry at the date the bonds are issued. $($b$)$ Prepare the adjusting entry at December $31,2024.($c$)$ Prepare the entry for the interest payment on January $1,2025.($d$)$ Calculate the second year interest expense.