On the first day of the fiscal year, a company issues a $$5,300,000,8\%,$ five$-$year bond that pays semiannual interest of $$212,000($$$5,300,000\backslash$times $8\%\backslash$times $(1)/(2)),$ receiving cash of $$5,520,390.$

Journalize the bond issuance. If an amount box does not require an entry, leave it blank.