Required information The following information applies to the questions displayed below.) On January 1, 2021. Twister Enterprises, a manufacturer of a variety of transportable spin rides, Issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 9%, the bonds will issue at $542,277. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Answer is complete but not entirely correct. No Dobit Credit 1 Date General Journal January 01, 2021 Cash Discount on Bonds Payable Bonds Payable 542,277 37.723 580,000 2 June 30, 2021 24,402 Interest Expense Cash Discount on Bonds Payablo 23,200 1,202 3 24,402 % December 31, 202 Interest Expense Cash Discount on Bonds Payable ololo 23,200 1,202