Harvey Company issued $612,000 of 10%, 20-year bonds on January 1, 2017, at 102. Interest is payable semiannually on July 1 and January 1. Harvey Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.7705%

Prepare the journal entries to record the following:

(a)		The issuance of the bonds.
(b)		The payment of interest and related amortization on July 1, 2017.
(c)		The accrual of interest and the related amortization on December 31, 2017.