On the first day of the fiscal year, a company issues a $1,000,000,7%, 5-year bond that pays semiannual interest of $35,000 ($1,000,000 x 7% x 1/2), receiving cash of $884,171. Journalize the first interest payment and the amortization of the related bond discount/premium using the straight-line method. Round answers to the nearest dollar. If an amount box does not require an entry, leave it blank or enter"0" Cash X 884,171 x 115,829 X Discount on Bonds Payable Bonds Payable y 1,000,000 X