On the first day of the fiscal year, a company issues an $$413,000,8\%,5-$year bond that pays semiannual interest of $$16,520($$$413,0008\%\frac{1}{2}),$ receiving cash of $$388,200.$ Journalize the entry for the first interest payment and the amortization of the related bond discount using the straight$-$line method.

If an amount box does not require an entry, leave it blank.

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