Lorene Corporation issued 5829,000, 7%, 10-year bonds on January 1, 2015, for 5772, 670. This price resulted in an effective-interest rate of 8% on the bonds. Interest is payable semiannually on July 1 and January 1. Lorene uses the effective-interest method to amortize bond premium or discount. Prepare the journal entry to record the Issuance of the bonds. Prepare the journal entry to record the payment of interest and the discount amortization on July 1, 2015, assuming that interest was not accrued on June 30. Prepare the journal entry to record the accrual of interest and the discount amortization on December 31, 2015