Exercise 10-8 Straight-Line: Recording bond issuance and premium amortization LO P3 Wookie Company issues 7%, five-year bonds, on January 1 of this year, with a par value of $106,000 and semiannual interest payments (0) (1) (2) Semiannual Period-End January 1, Issuance June 30, first payment December 31, second payment Un amortized Premium 58,231 7,400 Carrying Value $114,231 113,400 112,585 6,585 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 View transaction list Journal entry worksheet