4. On January 31, Driftwood Logistics, Inc., issued 10-year, 6% bonds payable with a face value of $15,000,000. The bonds were issued when the market rate was 5% and pay interest on January 31 and July 31. Drift- wood Logistics, Inc., amortizes bonds by the effective interest method. Requirements 1. Record issuance of the bonds on January 31. 2. Record the semi-annual interest payment and amortization of bond discount on July 31. 3. Record the interest accrual and discount amortization on December 31. 5) Enter your