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On the first dar of the fiscal rear, a company issues a $5,300,000,11%,9year bond that pays serniannual interest of $2.91,500($5,300,00011%64), receiving cash of 55,609,774. Journalice

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On the first dar of the fiscal rear, a company issues a $5,300,000,11%,9year bond that pays serniannual interest of $2.91,500($5,300,00011%64), receiving cash of 55,609,774. Journalice the fint interest payment and the amortization of the related bond premium Round to the nearest dollar. If an amount box does not require an entry

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