Required information [The following information applles to the questions displayed below.] Duval Company issues four-year bonds with a $119,000 par value on January 1,2021 , at a price of $114,840. The annual contract rate is 5%, and interest is paid semiannually on June 30 and December 31 . 2. Prepare joumal entries to record the first two interest payments. Journal entry worksheet Record the interest payment and discount amortization on December 31 , 2021. Note: Enter debits before credits