On January 1,2021 , Mallard Company issues a bond with a par value of $10,000,000 at 105 . Interest is to be paid semi-annually on July 1 and January 1 . Selected information from the bond's amortization table for the January 1, 2022 interest payment are shown below. Prepare the appropriate journal entry to be made on December 31, 2021 for this interest payment. Interest Expense: $10,000 Cash Paid: $15,000 Amortization amount: $5,000