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                           $ 49,331     1   $ 1,890     $ 1,973     $ 83       49,414     2     1,890       1,977       87       49,501         Required: 1. & 2. Record the bond issue and first interest payment assuming the face amount of bonds payable is $54,000

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