On March 1, 2016, Rayford, Inc. issued $200,000 of 4%, 10-year bonds for $184, 411. The bonds are dated March 1, 2016 and pay interest semiannually on August 31 and February 28. The effective rate for bonds of similar risk and maturity on the date of issuance was 5%. Rayford's fiscal year-end is December 31. Enter the requested amounts below. Round all amounts to the nearest whole dollar. Prepare the journal entries Rayford would record on December 31, 2016 and February 28, 2017. Be sure to label each entry with the corresponding date