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10B-7. (Similar to problem 10B-4) TONG Incorporated issues 10-year bonds with a face value of $300,000 and a stated annual interest rate of 10%, paid

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10B-7. (Similar to problem 10B-4) TONG Incorporated issues 10-year bonds with a face value of $300,000 and a stated annual interest rate of 10%, paid semi-annually. The bonds sold at a price of 89 (89% of face value). The effective annual interest rate is 12%. Required: Prepare the bond amortization table for these bonds for the first four six-month periods

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