On June 30, 2020, Oriole Limited issued $5 million of 20-year, 12% bonds for $5,401,136, which provides a yield of 1156. The company uses the effective interest method to amortize any bond premium or discount. The bonds pay semi-annual interest on June 30 and December 31. Prepare the journal entries to record the following transactions: (Round answers to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) 1. The issuance of the bonds on June 30, 2020 2. The payment of interest and the amortization of the premium on December 31, 2020 3. The payment of interest and the amortization of the premium on June 30, 2021 4. The payment of interest and the amortization of the premium on December 31, 2021 Date Account Titles and Explanation June 30, 2020 Dec. 31, 2020 June 30, 2021 Dec. 31, 2021 Debit Credit