On July 1, 2020, Samson authorized $1,000,000 of six-percent, eight-year mortgage bonds, which will pay interest semi-annually, on each June 30^thand December 31^st.

On October 1, 2022, Samson issued one-half of the bonds, at a discount of $20,700, in return for cashand a building with a fair market value of $240,000.

The discount is amortized at each interest payment date, at a rate of $300* per month.

Prepare all the journal entries required for the bonds for the period July 1, 2020 through December 31, 2022.