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Que value: 2.00 points Grocery Corporation received $322,144 for 9.50 percent bonds issued on January 1, 2015, at a market interest rate of 6.50 percent. The bonds had a total face value of $265,000, stated that interest would be paid each December 31, and stated that they mature in 10 years. Assume Grocery Corporation uses the effective-interest method to amortize the bond premium. Required: 1. &2. Complete the required journal entries to record the bond issuance and the first interest payment on December 31. ( no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.) View transaction list Record the issuance of bonds of face value of $265,000 for $322,144. 1 2 Record the interest payment on December 31, 2015. Credit Note:journal entry has been entered Record entry Clear entry View general journal Hints References eBook&Resources 02-040814-unique.pg 0