on january 1, a company issues bonds dated january 1 with a par value of $370,000. the bonds mature in 5 years. the contract rate is 11%, and interest is paid semiannually on june 30 and december 31. the market rate is 10% and the bonds are sold for $384,280. the journal entry to record the first interest payment using straight-line amortization is: (rounded to the nearest dollar.)