Metlock, Inc, issued $598,000 of 5 -year, 5% bonds at 96 on January 1,2022 . The bonds pay interest annually. (a1) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)