3 Legacy issues $690,000 of 70%, four-year bonds dated January 1, 2017, that pay interest on June 30 and They are issued at $623,078 and their market rate is 10% at the issue date. Required 1. Prepare the January 1, 2017 journal entry to record the bonds' issuance to be r l entries to record the first two interest payments Journal entry worksheet Record the first interest payment on June 30, 2017 ote: Enter debits before credit Jun 30, 201 Journal entry worksheet Record the second interest payment on December 31, 2017 Dec 31 201 Piey 3 fNext >