Required information [The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $520,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 6%, the bonds will issue at $570,961. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) No Date General Journal Debit Credit January 01, 2021 Cash 570,961 Bonds Payable 520,000 Premium on Bonds Payable 50,961 June 30, 2021 Interest Expense 17,129 Premium on Bonds Payable 1,071 Cash 18,200 December 31, 202 Interest Expense 17,097 Premium on Bonds Payable 1,103 18,200 Cash