On the first, day of its fiscal year, Chin Company issued $30,000,000 of 5 -year, 4% bonds to finance its operations of producing and selling heme improvement procucts: Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 5%, resulting in Chin recelving cash of $28,687,236. a. Journalize the entries to record the following: 1. Issuance of the bonds. 2. First semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) 3. Second semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) If an amount box does not require an entry, leave it blank. Feedace pheck MrWok b. Determine the amount of the bond interest expense for the first year