The Bryan Company issued $500,000 of 10% face valuebonds on January 1, 2007 for $486,000. The bonds are dueDecember 31, 2009, and pay interest semiannually on June 30 andDecember 31. The company uses the straight-line ammortizationmethod. Prepare the journal entrie to record the issuance of the bondsand the first two interest payments.