t1 of 2 6 nts eBook Exercise 10-7 (Algo) Straight-Line: Amortization table and bond interest expense LO P2 [The following information applies to the questions displayed below.] Duval Company issues four-year bonds with a $107,000 par value on January 1, 2021, at a price of $102.920. The annual contract rate is 9%, and interest is paid semiannually on June 30 and December 31. Exercise 10-7 (Algo) Part 2 2. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) Hint Print References View transaction list 1 Record the interest payment and discount amortization on June 30, 2021. 2 Record the interest payment and discount amortization on December 31, 2021. 021. Credit