On the first day of the fiscal year, a company issues an $905,000,9%, 5-year bond that pays semiannual interest of $40,725 (5905,000 x 94 x 1/2), receiving ash of $850,700Journalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method IF an amount tox does not require an entry leave it blank Interest Expense Bonds Payable Cash