Premium Amortization On the first day of the fiscal year, a company issues a $9,000,000, 7%, 5-year bond that pays semiannual interest of $315,000 ($9,000,000 x 7% 12), receiving cash of $9,383,860. 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