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On the first day of the fiscal year, a company issues a $4,900,000,10%,6-year bond that pays semiannual interest of $245,000($4,900,00010%1/2), receiving cash of $4,489,191. Journalize

image text in transcribed On the first day of the fiscal year, a company issues a $4,900,000,10%,6-year bond that pays semiannual interest of $245,000($4,900,00010%1/2), receiving cash of $4,489,191. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank

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