Required information Exercise 10-7 (Algo) Straight-Line: Amortization table and bond interest expense LO P2 [The following information applles to the questions displayed below.] Duvai Company issues four-year bonds with a $114,000 par value on January 1,2021 , at a price of $109,870. The annual contract rate is 5%, and interest is paid semiannually on June 30 and December 31. xercise 10-7 (Algo) Part 2 Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) Journal entry worksheet Record the interest payment and discount amortization on June 30, 2021. Notes Enter detvits before credits. 2. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) Journal entry worksheet Record the interest payment and discount amortization on June 30, 2021 . Note: Enter debits before credits. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) Journal entry worksheet Record the interest payment and discount amortization on December 31 , 2021. Nodet Enter debits before creditn