A partially completed Amortization Schedule appears below. Interest Period Bond Interest Cash Payment Bond Interest Expense Premium Amortization Unamortized Premium Carrying Value Issue Date $280,000 $2,280,000 12/31 $100,000 $91,200 $8.800 2 Use this schedule to record the interest expense, interest payment, and premium amortization on 12/31. THE PAYMENT WAS MADE ON 12/31. Account Titles Debit Credit