A company issued $10\%,10-$year bonds with a par value of $$1,190,000$ on January $1,$ at a selling price of $$1,056,300$ when the annual market interest rate is $12\%.$ The company uses the effective interest amortization method. Interest is paid semiannually each June $30$ and December $31.$Prepare an amortization table for the first two payment periods using the following format.Prepare the journal entry to record the first semiannual interest payment.