Pretzelmania, Incorporated, issues 6%, 10-year bonds with a face amount of $58,000 for $62,479 on January 1, 2024. The market interest rate for bonds of similar risk and maturity is 5%. Interest is paid annually on December 31. Required: 1. & 2. Record the bond issue on January 1, 2024 and first interest payment on December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first