Heip Jove O LAILJUDI Presented below is a partial amortization schedule for Discount Foods: Cash Paid Interest Expense Increase in Carrying Value Period Issue Date Carrying Value $74,000 74, 460 74,938 $2,500 2,500 $2,960 2,978 $460 478 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $80,000 and first interest payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet