December 31,2024 , when the market intecest rate is 8%, Lee Realy issues $600,000 of 5.25%,10-year bonds payable. The bonds pay interest semiannually The present value of th ponds at issuance is $487,643. Requirements 1. Prepare an amortization table using the eflective interest amortization method for the first two semiannual inferest peeieds. (Round to the nearest dolar). 2. Using the amortization table prepared in Requirement 1, journalize issuance of the bonds and the frrst two interest payments Requirement 1. Prepare an amortization table using the effectivo interest amortization method for the first two somiannual interest penods. (Round to the nearest dolar) Requirement 2. Using the amortization table prepared in Requirement 1, journalizo issuance of the bonds and the first two interest payments. (Recond debits frst, then cindits. Select explanations on the last line of the journal entry. Round your answers to the nearest wholo dollar.) Start by joumalizing the issuance of the bonds on December 31, 2024 On December 31,2024 , when the market interest rate is 8%, Lee Realty issues $600,000 of 5.25%,10-year bonds payable. The bonds Joumalize the payment of the first semiannual interest amount and amortization of the bond on June 30, 2025. \begin{tabular}{|l||l||l|l|l|} \hline Date & & Accounts and Explanation & Debit & Credit \\ \hline & & \\ \hline \end{tabular} Journalize the payment of the second semiannual interest amount and amortization of the bond on December 31, 2025. \begin{tabular}{|c|c|c|c|} \hline Date & Accounts and Explanation & Debit & Credit \\ \hline 2025 & & & \\ \hline Dec. 31 & \% & = & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}