Exercise $10-6(Algo)$ Straight$-$Line: Recording bond issuance and discount amortization $LOP2$

Dobbs Company issues $6\%,$ two$-$year bonds, $on$ December $31,2021,$ with a par value $of$ $$94,000$ and semiannual interest payments.

Semiannual Period$-$End Unamortized Discount Carrying Value

$(0)\frac{12}{31}\frac{?}{2021}$ $ $5,880$ $ $88,120$

$(1)\frac{6}{30}\frac{?}{2022}4,41089,590$

$(2)\frac{12}{31}\frac{?}{2022}2,94091,060$

$(3)\frac{6}{30}\frac{?}{2023}1,47092,530$

$(4)\frac{12}{31}\frac{?}{2023}094,000$

Use the above straight$-$line bond amortization table and prepare journal entries for the following.

$(b)$ The first through fourth interest payments $on$ each June $30$ and December $31.$