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A corporation issues $ 1 7 million in bonds on January 1 , 2 0 2 4 . The bonds have a seven - year

A corporation issues $17 million in bonds on January 1,2024. The bonds have a seven-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds:
\table[[Date,Cash Paid,\table[[Interest],[Expense]],\table[[Increase in],[Carrying],[Value]],\table[[Carrying],[Value]]],[0101?2024,,,,$15,419,852
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