Pretzelmania, Incorporated, issues 7%,15-year bonds with a face amount of $67,000 for $61,207 on January 1,2024 . The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31. Required: 1. \& 2. Record the bond issue on January 1, 2024 and first interest payment on June 30, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round final answers to the nearest whole dollar.) Journal entry worksheet Journal entry worksheet Record the first interest payment on June 30, 2024. Note: Enter debits before credits