On January 1, Year 1, Sayers Company issued $280,000 of five-year, 6 percent bonds at 102 . Interest is payable semiannually on June 30 and December 31 . The premium is amortized using the straight-line method. Required Prepare the journal entries to record the bond transactions for Year 1 and Year 2 . (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet