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Assignment/takeAssignmentMain.do?invokere&takeAssignmentSessionLocator=&inprogress-false Discount Amortization On the first day of the fiscal year, a company issues a $7,700,000, 11%, 10-year bond that pay semiannust interest of 5423,500

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Assignment/takeAssignmentMain.do?invokere&takeAssignmentSessionLocator=&inprogress-false Discount Amortization On the first day of the fiscal year, a company issues a $7,700,000, 11%, 10-year bond that pay semiannust interest of 5423,500 (57,700,000 x 11% * W), receiving cash of $7,258,406. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank

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