Presented below is a partial amortization schedule for Discount Pizza. (1) (2) (3) (4) (5) Period Cash Paid for Interest Interest Expense Increase in Carrying Value Carrying Value Issue date $63,948 1 $2,450 $2,558 $108 64,056 2 2,450 2,562 112 64,168 1. & 2. Record the bond issue and first interest payment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)