The Angelina Company issued $600,000 par value 20-year bonds on January 2, 2017 at 102. The bonds pay at a nominal annual interest rate of 10% semiannually on July 1 and January 1. Required: Prepare the journal entries to record the issue of the bonds on January 2 and the first interest payment on July 1, 2017. Angelina uses the effective-interest method to amortize any premium or discount associated with any bonds that it issues