Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $3,400,000, 9%, 10-year bond that pays semiannual interest of $153,000 ($3,400,000 * 9% x V), receiving cash of $2,993,688. Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank