Please explain how you find the amount for each part of the question.

eBook Show Me How Print item Discount Amortization the first day of the fiscal year, a company issues a $1,500,000, 9%, 9-year bond that pays somvannual interest of $67,500 ($1,500,000 X 9 X ). receiving cash of $1,331,309 Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar, 1 an amount box does not require an entry, leave it blank Interest Expense Discount on Bonds Payable Cash 100 110