On the first day of the fiscal year, a company issues an $989,000, 8%, five-year bond that pays semiannual interest of $39,560 ($989,000 x 8 x 1/2), receiving cash of $929,700. Roumalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method. If an amount box does not require an entry, leave it blank