On the first day of the fiscal year, a company issues a $625,000, 6%, 10-year bond that pays semiannual interest of $18,750 (5625,000 x 6% 1/2). receiving cash of $656,300. 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