Duval Co. issues four-year bonds with a $119,000 par value on June 1, 2015, at a price of $114,840. The annual contract rate is 5%, and interest is paid semiannually on November 30 and May 31. Prepare an amortization table for these bonds. Use the straight-line method of interest amortization. Prepare journal entries to record the first interest payment, accrued interest as of December 31, 2015 and to record the second interest payment. Assume no reversing entries have been prepared.Record the first interest payment on November 30, 2015. Record the year-end accrual of interest.Record the second interest payment on December 31, 2016.