Required information [The following information applies to the questions displayed below.] Legacy issues $620,000 of 9.5%, four-year bonds dated January 1,2021 , that pay interest semiannually on June 30 and December 31 . They are issued at $571,867 when the market rate is 12%. 4. Prepare the journal entries to record the first two interest payments. Journal entry worksheet Record the interest payment and amortization on June 30. Note: Enter debits before credits. Journal entry worksheet Record the interest payment and amortization on December 31. Note: Enter debits before credits