6-On January 1, 2021, Shark Company sold $800,000 of 10% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $708,000, priced to yield 12%. Shark records interest at the effective rate. Required: 1. Prepare the journal entry to record interest on June 30, 2021, using the effective interest method. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)