5% on the first day of the current fiscal year, 1,500,000 of 10-year, 8% bonds, with interest payable semiannually, were sold for 1,225,000, present

5% on the first day of the current fiscal year, 1,500,000 of 10-year, 8% bonds, with interest payable semiannually, were sold for 1,225,000,present entries to record the following transactions for the current fiscal year: a. issuance of the bondsb. first semiannual interest paymentc. Amortization of bond discount for the year, using the straight-line method of Amortization