Oo the first day of the fiscal year, a company issues a $2,200,000,12%,8-year bond that pays semiannual intereat of 5132,000($2,200,00012%1/2), receiving cash ot 42,438,431. Using straight-line amortization, foumsluze the first interest payment and the amertization of the felated bond premium, Round to the nearest dollar. If an amount box does not require an entry, leave it biank. Herak My mer Eondi Payable is always recueded at foce value. Any difference in issue price is refiected in a premidm or discount account. The straight-ine method of amorturation peovides equat amounts of amoryzation over the life of the bond