EE $14-2$ The first day of the fiscal year, a company issues a $$700,000,$

$6\%,10-$year bond that pays semiannual interest of $$21,000($$$700,000\backslash$times

$6\%\backslash$times $(1)/(2)$ year$),$ receiving cash of $$700,000.$ Journalize the entries to

record $($a$)$ the issuance of the bonds, $($b$)$ the first interest payment, and

$($c$)$ the payment of the principal on the maturity date.