On January1, 2019, Agree Company issued$85,000 offive-year, 8% bonds when the market interest rate was12%. The issue price of the bonds was$62,401. Agree uses theeffective-interest method of amortization for bond discount. Semiannual interest payments are made on June 30 and December 31 of each year. Which of the following is the correct journal entry to record the first interestpayment? (Round all amounts to the nearest wholedollar.)