Discount amortization On the first day of the fiscal year, a company issues a $7,900,000,10%,4-year bond that pays semiannual interest of $395,000($7,900,00010%. $ ), receiving cash of $7,409,428. Using straight-line amortization, fournalize the first interest payment and the amortization of the related bond discount, Round to the nearest doliar. If an amount box does not require an entry, leave it blank. Fowdbiok Theok My Work provides equal amounts of amortization over the life of the bond