On January 1, 2024, Drew Company issued 5-year bonds with a face value of $35,000,000 for $32,000,000, The stated rate of interest was 7% and interest is paid annually on Dectinber 31: Required: Prepare the necessary journal entry on December 31 at the end of the first yeas, assuming the straight-line method is followed. If an amount box does not require an entry, leave it blank