Required information The following information applies to the questions displayed below) Legacy issues $750,000 of 8.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $656,844 when the market rate is 12%. 4. Prepare the journal entries to record the first two interest payments. Answer is complete but not entirely correct. Date Credit Debit 30,000 June 30 General Journal Bond interest expense Discount on bonds payable Cash 11.645 81,511 December 31 30.000 Bond interest expense Discount on bonds payable Cash 11.545 1R 155