On January 1,2024 , Splash City issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $367,422. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Rour our intermediate and final answers to the nearest whole dollar.)