Recording Bonds issued at a Premium-Effective Interest Yale Corporation issued 554,000,8% (cash interest payable semiannually on june 30 and December 31 ) 10 yeyar bonds dated and sold on jaruary 1 . Yale amarizes any bond decount or premini using the effective interest amortization method if the bonds wore sold to yeld 7 , provide fournal entries to be made at each of the following dates. a. jancary 1. for issuance of bonds. b. June 30, for the first interest payment. - Note: Round your answer to the nearest whale dollar