On the first day of the fiscal year, a company isues a $6,800,000, 6%, 7-year bond that pays semiannual interest of $204,000 ($6,800,000 x 6% x W), receiving cash of $7,623,225. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry. leave it blank.