On January 1 of this year. Barnett Corporation sold bonds with a face value of $507,000 and a coupon rate of 5 percent The bonds mature in 8 years and pay interest annually on December 31 Barnett uses the effective-interest amortization method Ignore any tax effects Each case is independent of the other cases (FV of $1. PV of $1. FVA of $1. and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answers to whole dollars.) What was the issue price on January 1 of this year? (Round your final answer to whole dollars.) What amount of interest expense should be recorded on June 30 and December 31 of this year? (Round your final answers to nearest whole dollar amount.)