Grocery Corporation received $301,232 for 14.00 percent bonds issued on January 1, 2021, at a market interest rate of 11.00 percent. The bonds had a total face value of $256,000, stated that interest would be paid each December 31, and stated that they mature in 10 years. Assume Grocery Corporation uses the effective-interest method to amortize the bond premium. Required: 1. & 2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.) rences View transaction list Journal entry worksheet < 1 Record the issuance of bonds with a face value of $256,000 for $301,232. No Enter debts before credits Date January 011 General Journal Debi Credit