E10-9 (Algo) (Chapter Supplement) Recording and Reporting a Bond Issued at a Discount (without Discount Account) LO10-4 [The following information applies to the questions displayed below.] Denzel Corporation is planning to issue bonds with a face value of $690,000 and a coupon rate of 7.5 percent. The bonds mature in 4 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this year. Denzel uses the effective-interest amortization method and does not use a discount account. Assume an annual market rate of interest of 8.5 percent. (EV of \$1. PV of \$1. EVA of \$1, and PVA of \$1) NOte: Use appropriate factor(s) from the tables provided. E10-9 Part 2 2. Prepare the journal entry to record the interest payment on June 30 of this year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to whole dollars