On January 1, 2020, Bridgeport Corporation issued $680,000, 5%, 5-year bonds dated January 1, 2017, at 96. The bonds pay annual interest on January 1. The company uses the straight-line method of amortization and has a calendar year end. Prepare all the journal entries that Bridgeport Corporation would make related to this bond issue through January 1, 2021. Be sure to indicate the date on which the entries would be made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)