When companies offer new debt security issues, they publicize the offerings in the financial press and on Internet sites. Assume the following were among the debt offerings reported in December 2021 New Securities Issues Corporate National Equipment Transfer Corporation $20 million bonds via lead managers Second Tennessee Bank N.A. and Morgan, Dunavant & Co., accordint to a syndicate official. Terms: maturity, Dec. 15, 2030; coupon 7.51%; issue price, par; yield, 7.51%, noncallable; debt ratingst Ba-1 (Moody's Investors Service, Inc.), BEB+ (Standard & Poor's). nces Ichig Inc.-$355 million of notes via lead manager Stanley Brothers, Inc., according to a syndicate official. Terms maturity, Dec. 1. 2032; coupon, 6.26% Issue price, 99, yield, 5.36%; call date, NC, debt ratings: Baa-1 (Moody's Investors Service, Inc.), (Standard & Poor's). Required: 1. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest 2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued Interest, (Do not round your intermediate calculations, Enter your answers in whole dollars. Ir no entry is required for a transaction/event, select "No journal entry required in the first account field.)