Presented below is a partial amortization schedule for Discount Foods: Period Issue Date Interest Expense Carrying Cash Paid Increase in Carrying Value Value $2,300 $2,988 3,016 $688 $74, 700 75,388 76, 104 2,300 716 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $80,000 and first interest payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the bond issue Journal entry worksheet