On January 1, 2019, Schooner Corp. issued bonds having the following characteristics: Face value: Issue price: Stated rate: Market rate: Maturity: $400,000.00 $372,431.15 8% per year 9% per year 11 years The bonds make semiannual interest payments on June 30 and December 31 Assume that the company uses the straight-line interest method. Part (a) Prepare the journal entry for interest on June 30, 2019 When computing amounts, use Excel formulas and cell references only. Do not manually input values.) Account Title Debit Credit Part (b) What is the balance of the discount account as of January 1, 2021 (after the fourth interest payment)? (Use Excel formulas and cell references only. Do not manually input values.)