[The following information applles to the questions displayed below.] On January 1, 2024, White Water issues $560,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $500,674. 2. Record the bond issue on January 1, 2024, and the first two interest payments on December 31, 2024, and December 31, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the first annual interest payment. Note: Enter debits before credits. Journal entry worksheet Record the second annual interest payment. Note: Enter debits before credits