On May 1, Amalfia Co. issued $250,000, 7%, 5-year bond with interest paid on October 31 and April 30. At the time of bond issuance, the interest rate for similar investment opportunities was 10%. Amalfia Co. amortizes bond discounts/premiums by the effective interest method.(Round your calculations to the closest integer; no decimals)

Record the required journal entries:

(a) At the issuance of the bonds on May 1

(b) At the semi-annual interest payment date on October 31

(c) the interest accrual on December 31, the fiscal year-end for Amalfia Co.