[The following information applies to the questions displayed below.] On January 1,2021 , White Water issues $570,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $531,269. lecord the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30,2021 , and December 31 , 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round ir final answers to the nearest whole dollar.) Journal entry worksheet 3 Note: Enter debits before credits