On January 1, 2010 Lurline Corporation issued ten-year, 8 percent bonds with a face value of $500,000. The semiannual interest dates are June 30 and December 31. The bonds were issued for $437,740 to yield an effective annual rate of 10 percent. The accounting period year ends on December 31. Prepare entries in a journal form without explinations to record the bond issure on January 1, 2010 and the payments of interest and amortization of discount on June 30 and December 31. Use the effective method of amortization. Record answers to the nearst dollar.