ABC issued $1,500,000 of 10% coupon bonds on January 1, 2020. The bond has a 2-year life with interest paid on the bonds every June 30 and December 31. On the date of issue, the market interest rate was 12%. The company uses the straight-line method to amortize any bond premium or discount. Prepare the journal entry to record the sale of bonds on January 1, 2020. Prepare the journal entry to record the interest payment made on June 30, 2020. Prepare the journal entry to record the interest payment made on December 31, 2020.