Discount Amortization On the first day of the fiscal year, a company issues a $4,700,000,11%, 4-year bond that pays semiannual interest of $258,500($4,700,00011%1/2), receiving cash of $4,554,069. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank