On May 1 of the current year, Beasley Corporation sold \(\$ 1\) million of its \(10.2 \%\), 20 -year bonds. The bonds were dated May 1 of the current year, with interest payable on each November 1 and May 1. Give the entries to record the sale at \(951 / 2\) and the first semiannual interest payment under the assumption that the straight-line method is used to amortize the discount.