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Blossom Corporation issued $480,000 of 5 -year bonds on April 1, 2023. Interest is paid semi-annually on April 1 and October 1 , Below is

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Blossom Corporation issued $480,000 of 5 -year bonds on April 1, 2023. Interest is paid semi-annually on April 1 and October 1 , Below is a partial amortization schedule for the first few years of the bond issue. What will be the total interest payments over the five-year life of the bonds? Total interest expense? Total interest payments $ Total interest expense $ Prepare the journal entry to record the issuance of the bond. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount vithes and enter 0 for the amounts.)

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