7. [The following information applies to the questions displayed below) On January 1, 2021, Splash City issues $350,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year, Assuming the market interest rate on the issue date is 7% the bonds will issue at $382.187 Part 22 555 Exercise 9-9A Part 2 Skioped 2. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Round your final answers to the nearest whole dollar.) View transaction list Journal entry worksheet 1 2 > G