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On the first day of the fiscal year, a company issues a $3,000,000,9%,7-year bond that pays semiannual interest of $135,000($3,000,0009%1/2), receiving cash of $2,851,519. Journalize

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On the first day of the fiscal year, a company issues a $3,000,000,9%,7-year bond that pays semiannual interest of $135,000($3,000,0009%1/2), receiving cash of $2,851,519. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it

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