Pretreimania. Inc, issues 5%,20 year bonds with a face smount of $50,000 for $44,265 on january 1, 2018. The market interest ente for bonds of similar tisk and moturity is 6%. Interest is paid annually on Decomber 31 . 1. \& 2. Record the bond issue and first interest payment on December 31. 20t8. af no entry is required for a transaction/evert, select "No journal entry required" in the first account field.)