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On the first day of the fiscal year, a company issues a $3,400,000,9%,5-year bond that pays semiannual interest of $153,000($3,400,0009%1/2), receiving cash of $3,682,766. Journalize

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On the first day of the fiscal year, a company issues a $3,400,000,9%,5-year bond that pays semiannual interest of $153,000($3,400,0009%1/2), receiving cash of $3,682,766. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank

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