On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $590,000 of 8% bonds, due in 2 years, with interest payable semiannually on June 30 and December 31 each year. If the market interest rate is 7% , the bonds will issue at $644,257. Record the Bond issue on January 1, 2024 and the first two semiannual interest payments on June 30, 2024 and December 31, 2024. 2.Record the first semiannual interest payment.