$(1.$

Required information

$[$The following information applies to the questions displayed below.$].$

On January $1,2021,$ White Water issues $$520,000$ of $5\%$ bonds, due in $15$ years, with interest payable annually on December $31$ each year.

Assuming the market interest rate on the issue date is $4\%,$ the bonds will issue at $$577,813.$

Required:

Complete the first three rows of an amortization schedule. $($Round your final answers to the nearest whole dollar.$)$

Answer is not complete.

$\backslash$table$[[$Date$,$Cash Paid,$\backslash$table$[[$Interest$],[$Expense$]],\backslash$table$[[$Decrease in$],[$Carrying$],[$Value$]],\backslash$table$[[$Carrying$],[$Value$]]],[\frac{01}{01}\frac{?}{2021},,,,$$$577,813$