10.On the first day of the fiscal year, a company issues a $972,000, 10%, 5-year bond that pays semiannual interest of $48,600 ($972,000 x 10% x 1/2), receiving cash of $913,700. Journalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method. If an amount box does not require an entry, leave it blank.