Entries for Issung Bonds and Amortingscount by Straight-Le Method On the first day of its focal year, Jacinto Company issued 325,600,000 of five year, 11% bonds to an its operations of producng and selling home improvement products. Interestis payable semiannusly. The bonds were used at a market (effective) interest rate of 13%, resulting in Jacinto Company receiving cash of $23,759,761 a. lumalore the entries to record the folowing 1. Issuance of the bonds 2. First semiannual interest payment. The band discountamos combined with the semiannual interest payment 3. Second semiannual trest payment. The bond discount amortion is combined with the manual interest payment, IF an amount box does not require an entry, leave it blank. Round your answers to the nearest dollar, 1. Cash 23,750,761 Discount on tons Payable 1,040,2397 Bonds Payable 25.000.000 2 Interest Expense 110.00 X Discount on Bons Payable 140.00 x Interest Expense 154,30 X Discount on Blonds Payable 13 X 100 X