of 4 Required information [The following information applies to the questions displayed below] Legacy issues $710,000 of 8.0%, four-year bonds dated January 1, 2020, 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. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $710,000 on January 1, 2020 at an issue price of $621,812. Note: Enter debits before credits