On May 1, 2021, Green Corporation issued $2,600,000 of 12% bonds, dated January 1, 2021, for $2,288,000 plus accrued interest. The market rate of interest was 13%. The bonds pay interest semiannually on June 30 and December 31. Green's fiscal year ends on December 31 each year. Determine the amount of accrued interest that was included in the proceeds received from the bond sale. And prepare the journal entry for the issue of the bond.