Exercise 10-8 Straight-Line: Recording bond issuance and premium amortization LO P3 Wookie Company issues 9%, five-year bonds, on January 1 of this year, with a par value of $109,000 and semiannual interest payments. Semiannual Period-End (0) January 1, issuance (1) (2) June 30, first payment December 31, second payment Unamortized Premium $8,291 7,462 6,633 Carrying Value $117,291 116,462 115,633 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31.