December 31: On January 1, Byte received $150,414.60 when they issued a $140,000.00,7%, ten-year bond. Interest is to be paid semiannually on June 30 and December 31. The market rate was 6%. This entry was never recorded. December 31: Check # 5367 was issued on June 30 for the timely interest payment for the bond. Record the entry using the straight-line method. This entry was never recorded. December 31: Check#6011 was issued on December 31st for the timely interest payment for the bond. Record the entry using the straight-line method