premium amortization on the first day of the fiscal year, a company issued a $8100000, 10%, 9-year bond that pays semi annual interest of

Premium Amortization On the first day of the fiscal year, a company issues a $8,100,000, 10%, 9-year bond that pays semiannual interest of $405,000 $8,100,000 10% x V), receiving cash of $9,702,547. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank