Paulson Company issues 7%, four-year bonds, on December 31, 2015, with a par value of $104,000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value

(0) 12/31/2015 $ 6,813 $ 97,187

(1) 6/30/2016 5,961 98,039

(2) 12/31/2016 5,109 98,891 Use the above straight-line bond amortization table and prepare journal entries for the following.

(a) The issuance of bonds on December 31, 2015.

(b) The first interest payment on June 30, 2016. (c) The second interest payment on December 31, 2016.