Premium Amortization On the first day of the fiscal year, a company issues a $4,200,000,10%, 7-year bond that pays semiannual interest of $210,000 ( $4,200,00010% 1/2 ), receiving cash of $4,887,993. 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