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Required information

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

On January $1,2024,$ White Water issues $$590,000$ of $8\%$ bonds, due in $20$ years, with interest payable semiannually on June $30$ and December $31$ each year. The market interest rate on the issue date is $7\%$ and the bonds issued at $$652,997.$

Required:

Using an amortization schedule, show that the bonds have a carrying value of $$648,117$ on December $31,2026.($Round your final answers to the nearest whole dollar.$)$

$\backslash$table$[[$Date$,$Cash Paid,Interest Expense,$\backslash$table$[[$Change in Carrying$],[$Value$]],$Carrying Value$],[\frac{01}{01}\frac{?}{2024},,,,],[\frac{06}{30}\frac{?}{2024},,,,],[\frac{12}{31}\frac{?}{2024},,,,],[\frac{06}{30}\frac{?}{2025},,,,],[\frac{12}{31}\frac{?}{2025},,,,],[\frac{06}{30}\frac{?}{2026},,,,],[\frac{12}{31}\frac{?}{2026},,,,]]$