Amortized Date: Cash Paid Interest Expense Carryi 1-Jul-2023 1-Jan-2024 $ 1-Jul-2024 1 Jan 2025 1 Jul 2025 1-Jan-2026 1-A2026 1-Jan-2027 1-Jul-2027 1-Jan-2028 1 Jul 2028 GKD Corporation wished to raise money for a series of upcoming projects. On July 1, 2023, the company issued bonds with a face, value of $4,972.000 due in 5 years, paying interest at a face rate of 8.0 % on January 1 and July 1 each year. The bonds were issued to yield 6%. GKD used the effective interest method of amortization for bond discounts or premiums. The company's year-end was September 30, Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1.