Legacy issues $710,000 of 8.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $621,812 when the market rate is 12%. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance.

These are wrong and i cant figure out what i'm doing wrong, please help!

B. Prepare a straight-line amortization table for the bonds' first two years. Semiannual Period- Unamortized Carrying Value End Discount 01/01/2019 $ 0 $ 88,188 06/30/2019 8,909 79,279 12/31/2019 9,443 69,836 06/30/2020 10,010 59,826 12/31/2020 10,610 49,216 4. Prepare the journal entries to record the first two interest payments. View transaction list View journal entry worksheet No Date Credit Debit 37,309 June 30 General Journal Bond interest expense Discount on bonds payable Cash 8,909 28,400 2 December 31 37,843 Bond interest expense Discount on bonds payable Cash 9,443 28,400