On July 1, 2020, TokTik Industries Inc. issued $200,000 of 10-year, 8% bonds at a market (effective) interest rate of 6%, receiving cash of $237,643. Interest on the bonds is payable semiannually on December 31 and June 30. 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 2020. 2. Journalize the entry to record the first semiannual interest payment on December 31, 2020, and the amortization of the bond premium, using the effective interest method. 3. Journalize the entry to record the SECOND semiannual interest payment on June 30, 2021, and the amortization of the bond premium, using the effective interest method. 4. Journalize the re-payment of the bond.