On January 1, 2019 Lightloot Corporation issues 10%,5-year bonds with a face value of $275,000 when the etlective interest rate is 9 Wh. Interest is to be paid semiannually on June 30 and December 31, Lightoot uses the eflective interest method to amortize the premium on June 30,2019. Required: Propare the joumal entry to record the first interest payment an June 30,2019 . Prepare the journal entry to record the first interest payment on June 30, 2019. General Journal Instructions