On the first day of the fiscal year, a company issues a $304,000, 10%, 10-year bond that pays semiannual interest of $15,200 ($304,000 x 10% x 1/2), receiving cash of $319,200. Journalize the entry for the first interest payment and amortization of premium using the straight-line method. If an amount box does not require an entry, leave it blank.