On January 1, 2024, Sandhill Ltd. issued $495,000 of 5%,5-year bonds. The bonds were issued to vield a market interest rate of 6% Sandhill's year end is December 31. On January 1, 2026, lminediately after making and recording the semb-annuat interest payment, Sandhill redeemed the bonds. A partial bond amortization schedule is presented below. Prepare the journal entry to record the payment of interest on July 1,2024. (Lht all debit entries before credit entrles Credit account tities are automatically indented when the amount is entered. Do not indent manually, if no entry is required, yelect "No Entry" for the account tidles and enter 0 for the amounts.) (b) The parts of this eueation must be completed in order. This part will be avaliable when you camplete the part abowe. Question Part Score (c) The parts of this question must be completed in order. This part will be available when you complete the part above