Legacy issues $325,000 of 5%, four_year bonds dated January 1, 2013, that pay interest semiannually on june 30 and December 31, They are issued at $292,181 and their market rate is 8% at the issue date. Prepare the January 1, 2013, journal entry to record the bonds' issuance. Determine the total bond interest expense to be recognized over the bonds' life. Prepare a straight-line amortization table like the one in Exhibit 14.7 for the bonds' first two years. prepare the journal entries to record the first two interest payments