Use the following information for questions 8 through 11 : A company issues 20,000,000,7.8%,20-year bonds to yield 8% on January 1, 2022 . Interest is paid on June 30 and December 31 . The proceeds from the bonds are 19,604,145. 8. Record the journal entry on the issuance of bond 9. Record the journal entry for interest payment on June 30,2022.