Recording Entries for Bonds Sold Between Interest Dates On May 1, 2020, Setup Inc. sold an issue of 5%, $600 bonds dated January 1, 2020, to yield 5%. The bonds pay interest every June 30 and December 31, and mature December 31, 2024. a. Provide journal entries to be made by Setup Inc. at each of the following dates. 1. May 1, 2020, bond issuance. 2. June 30, 2020, first interest payment. Note: List multiple debits or credits (when applicable) in alphabetical order. Note: Round your answer to the nearest whole dollar. Date Account Name Dr. Cr. a. May 1, 2020 o 0 0 0 0 0 June 30, 2020 0 0 0 0 > 0 0 b. Indicate the amount of interest expense to be recorded in the income statement of Setup Inc. for the six months ended June 30, 2020. 0 $