Pretzelmania, Inc., Issues 6%, 10-year bonds with a face amount of $52,000 for $56,053 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 5%. Interest is paid semiannually on June 30 and December 31. Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate computations and final answers to the nearest whole dollar amount.) No Credit Answer is complete but not entirely correct. Date General Journal Debit January 01, 2021 Cash 56.053 Bonds Payable Premium on Bonds Payable 1 52,000 4,053 2 June 30, 2021 Interest Expenso Premium on Bonds Payable Cash SOS 1,300 300 1,682