Entries for issuing bonds and amortizing premium by straight$-$line method

Smiley Corporation wholesales repair products to equipment manufacturers. On April $1,20Y1,$ Smiley issued $$2,300,000$ of $5-$ year, $8\%$ bonds at a market $($effective$)$ interest rate of $6\%,$ receiving cash of $$2,496,195.$ Interest is payable semiannually on April $1$ and October $1.$

a$.$ Journalize the entry to record the issuance of bonds on April $1,20$Y$1.$ If an amount box does not require an entry, leave it blank.

b$.$ Journalize the entry to record the first interest payment on October $1,20$Y$1,$ and amortization of bond premium for $6$ months, using the straight$-$line method. Round to the nearest dollar. If an amount box does not require an entry, leave it blank.

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c$.$ Why was the company able to issue the bonds for $$2,496,195$ rather than for the face amount of $$2,300,000?$

The market rate of interest is $$ the contract rate of interest.