Exercise 14-4 Straight-Line: Recording bond issuance and discount amortization LO P1, P2 Paulson Company issues 9%, four-year bonds, on December 31, 2017, with a par value of $99,000 and semiannual interest payments. Semiannual Period-End (0) 12/31/2017 (1) 6/30/2018 (2) 12/31/2018 Unamortized Discount $6,713 5,874 5,035 Carrying Value $92,287 93,126 93,965 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2017. (b) The first interest payment on June 30, 2018. (c) The second interest payment on December 31, 2018