On the first day of the fiscal year, a company issues an $866,000,9%, 5 year bond that pays semiannual interest of $38,970 (5866,000 * 9% * 1/2), receiving cash of $814,040 Required: Journalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method. Refer to the Chart of Accounts for exact wording of account titles