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Blossom Company issued $1,026,000,7%,10-year bonds on January 1,2022, for $1,101,510. This price resulted in an effectiveinterest rate of 6% on the bonds. Interest is payable

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Blossom Company issued $1,026,000,7%,10-year bonds on January 1,2022, for $1,101,510. This price resulted in an effectiveinterest rate of 6% on the bonds. Interest is payable annually on January 1 . Blossom uses the effective-interest method to amortize bond premium or discount. (21) Prepare the schedule using effective-interest method to amortize bond premium or discount of Blossom. (Round answers to 0 decimal places, es. 5,275.)

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