On the first day of the fiscal year, a company issues a $522,000, 9%, 10-year bond that pays semiannual interest of $23,490 ($522,000 x 9% x 1/2), receiving cash of $548,100. Journalize the entry to record the first interest payment and amortization of premium using the straight-line method.

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

		fill in the blank 2	fill in the blank 3
		fill in the blank 5	fill in the blank 6
		fill in the blank 8	fill in the blank 9