Using the bond from Basic Exercise 11-4, journalize the first interest payment and the amortization of the

Question:

Using the bond from Basic Exercise 11-4, journalize the first interest payment and the amortization of the related bond premium.
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. Journalize the bond issuance?