On January $1,$ the first day of the fiscal year, Designer Fabric Inc. issues a $$3,000,000,8\%,10-$year bond that pays semiannual interest of $$120,000($ $$3,000,0008\%12$ year$),$ receiving cash of $$3,000,000.$ Journalize the entries to record $($a$)$ the issuance of the bonds, $($b$)$ the first interest payment on June $30,$ and $($c$)$ the payment of the principal on the maturity date. $($Obj$.2)$