On July 1, 2021, Vaughn Satellites Corporation issued $1,800,000 of 10-year, 9% bonds to yield a market interest rate of 8%. The bonds pay semi-annual interest on July 1 and January 1. Vaughn has a December 31 year end and records adjusting entries annually. Vaughn received $1,922,319 when issuing the bonds. Prepare the adjusting entry on December 31, 2021, to accrue the interest on the bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Round all amounts to the nearest dollar, e.g. 5,272.)