On 1/1/2021, Ronaldo issued 2 year, 6%, $100,000 bonds. The bonds pay interest on 6/30 and 12/31 of each year. The effective interest rate on these bonds at the time of issuance is 10%. The proceeds from the bond issuance (i.e., the price of the bond at the time of issuance) equal $92,908. Complete the following amortization table. Show all your computations

Date	Interest Payment	Interest Expense	Amortization of Discount	Balance of Discount	Book Value of Bond
1/1/2021
6/30/2021
12/31/2021
6/30/2022
12/31/2022

Prepare the journal entry to record the issuance of the bonds

Prepare the journal entry to record the interest payment on 6/30/2021.