A company issued 14%, 5-year bonds with a par value of $5,000,000 on January 1, 2003. Interest is to be paid semiannually on June 30 and December 31. The bonds are issued for $5,368,035 cash when the market interest rate for this bond was 12%. The company uses the effective interest method of amortization of any discount or premium on bonds. Prepare the journal entries (a) to record the issuance of this company's bonds (b) the first semiannual interest payment on June 30, and (c) the second semiannual interest payment on December 31