in 2023 bigger mac corporation issued a 7% 5 yar bond on january 1st. the bond sold 106 when the market rate of interest was 5% . the face value of the bond was 1,500,000. interest rate is payable on january 1 and july 1. any discount or premium is amortized using the effective interest method. record all 2023 entries relating to bugger macs bonds