On January 1, 2010, Canglon, Ine., issues 10%,5 yoar bonds with a face value ot 5150.000 when the etlectivo rate is 12% Interest is to be paid somiannually on June 30 and December 31. Assume Cangion uses the eflective interest method to amortize the discount. Required: Prepare the joumal entry to record the first interest payment on dune 30,2019. How does srading work