Instructions On the first day of the facal year, a company issues a $3,500,000,6%, five-year bond that payo semiannual interest of $105,000 ($3,600,000 x 0% * *), receiving cash of $3,350,000 Journalize the first interest payment and the amortization of the related bond discount. Refer to the Chart of Accounts for exact wording of account ilos. JOURNAL Score: 16/37 ACCOUNTING EQUATION DATE DESCRIPTION POST. RER DEBIT ASSETS LIABILITIES EQUITY CREDIT 105,000.00 Cash 1 Discount on Bonds Payable I Points