Discount amortization

On the first day of the fiscal year, a company issues a $$2,500,000,8\%,5-$year bond that pays semiannual interest of $$100,000($$$2,500,0008\%\frac{1}{2}),$ receiving cash of $$2,300,000.$

Using straight$-$line amortization, journalize the first interest payment and the amortization of the related bond discount. If an amount box does not require an entry, leave it blank.