! Required information Problem 10-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $710,000 of 8.0%, four-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31. They are issued at $621,812 when the market rate is 12%. Problem 10-4A (Algo) Part 1 Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. Journal entry worksheet