On January 1, 2021, Splash City issues $450,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $483,476. Required: 1. Complete the first three rows of an amortization table (Round your final answers to the nearest whole dollar.) Decrease in Carrying Date Cash Paid Interest Expense Carrying Value Value 1/1/21 6/30/21 12/31/21 2. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the bond issue, Note: Enter debits before credits General Journal Debit Credit January 01, 2021 Record the first semiannual interest payment. Note: Enter debits before credits. General Journal Debit Credit Date June 30, 2021 IT TO Record entry Clear entry View general journal