Required Information [The following information applies to the questions displayed below) Legacy issues $690,000 of 7.0%, four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $623,078 when the market rate is 10% 4. Prepare the journal entries to record the first two interest payments. Journal entry worksheet < 1 2 Record the interest payment and amortization on June 30. Sofre before cet Cate June 30 General Journal Debit Credi View transaction fist Journal entry worksheet < 1 2 Record the interest payment and amortization on December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Prey 415 Next