On March 1, 2021, Nixon Corp. issued a $500,000, 4% two-year bond at a discounted price of 97 when the market interest rate was 6% on the date of issue. Interest is payable semi-annually each September 1, and March 1. Using the straight-line interest method, prepare the journal entries to record the following events. Bond issuance on March 1, 2021: Debit Credit First interest payment on September 1, 2021: Debit Credit Second interest payment on March 1, 2022: Debit Credit Payoff of bond back to bondholders (please include date): Date Debit Credit