On the first day of the fiscal year, a company issues a $822,000, 10%, 10-year bond that pays semiannual interest of $41,100 ($822 amortization of premium using the straight-line method. If an amount box does not require an entry, leave it blank. Interest Expense Premium on Bonds Payable Cash 41,100 that pays semiannual interest of $41,100 ($822,000 x 10% x 1/2), receiving cash of $863,100. Journalize the entry for the first interest payment and