On the first day of the fiscal year, a company issues a $$893,000,8\%,10-$

year bond that pays semiannual interest of $$35,720($$$893,0008\%\frac{1}{2}),$

receiving cash of $$937,700.$ Journalize the entry for 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.