Presented below is a partial amortization schedule for Discount Pizza. (1) (2) (3) Cash Paid for (4) Increase in (5) Period Interest Interest Expense Carrying Value Issue date 1 2 $2,240 2,240 $2,339 2,343 $ 99 103 Carrying Value $58,467 58,566 58,669 Required: 1. & 2. Record the bond issue and first interest payment assuming the face amount of bonds payable is $64,000. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction 1 1 Cash Bonds Payable Answer is not complete. General Journal Debit Credit 58,467 58,467