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$7.$ On January $1,2025,$ the Glosford Corporation decides to invest in Small Town bonds. The bonds mature on December $31,2031,$ and pay interest of $8\%$ on June $30$ and December $31.$ The market rate of interest was $8\%$ on January $1,2025,$ so the $$100,000$ maturity$-$value bonds sold for face value. Glosford Corporation intends to hold the bonds until maturity. Journalize the transactions related to Glosford Corporation's investment in Small Town bonds during $2025.($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Dan. $1,2025$

Next, journalize Glosford Corporation's receipt of interest on June $30,2025$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Jun$.30,2025],[.,,,],[,,,],[,,,],[,,,]]$

Now journalize Glosford Corporation's receipt of interest on December $31,2025$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Dec$.31,2025],[,,,],[,,,],[,,,]]$

$(1)$ Time Remaining: $00$:$34$:$23$