Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $7,500,000, 10%, 4-year bond that pays semiannual interest of $375,000 ($7,500,000 10% x 1/2), receiving cash of $6,815,015. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. 000