1 ete) HW Score: 37 64%, 7 15 of 19 E7-26 (similar to) Question Help Colwood General Stores Inc. is authorized to issue $550,000 of 8 6%, 10-year bonds. On December 31, 2020, when the market interest rate is 9.6%, the company issues $440,000 of the bonds and receives cash of 5409,926. Colwood General amortizes bonds by the effective-interest method. The semi-annual interest dates are January 31 and July 31 Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2021, and July 31, 2021 Requitement 1. Prepare a bond amortization table for the first four semiannual interest periods (Round the amounts to the nearest dollar) Colwood General Stores Inc. Amortization Table A B C E Interest Interest Expense Payment (4.8% of Discount Discount Account Bond Carrying 14.39. Preceding Bond Amortization Blanco Amount D Semi Anne Enter any number in the edities and then click Check