On the first day of the fiscal year, a company issues a $2,200,000, 12%, 9-year bond that pays semiannual interest of $132,000 ($2,200,000 x 12% x 12), receiving cash of $2,601,278. 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