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On the first day of the fiscal year, a company issues a $7,600,000,12%, 6 -year bond that pays semiannual interest of $456,000($7,600,00012%1h). recelving cash of

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On the first day of the fiscal year, a company issues a $7,600,000,12%, 6 -year bond that pays semiannual interest of $456,000($7,600,00012%1h). recelving cash of $6,718,176. Journalize the first interest poyment and the amortization of the related bond discount, Round to the nearest dollar. If an amount box does not fequire an entry, leave it blank

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