Paulson Company issues 6%, four-year bonds, on January 1 of this year, with a par value of $200,000 and semiannual interest payments.

Semiannual Period-End		Unamortized Discount			Carrying Value
(0)	January 1, issuance	$	13,466		$	186,534
(1)	June 30, first payment		11,782			188,218
(2)	December 31, second payment		10,098			189,902

Use the above straight-line bond amortization table and prepare journal entries for the following.

Journal entry worksheet

(a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31.