Blossom Company issued $7,320,000 of 8% bonds on October 1, 2020, due on October 1, 2025. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 10% effective annual interest. Blossom Company closes its books annually on December 31 (a) Your answer is incorrect Complete the following amortization schedule for the dates indicated Use the effective interest method. (Round answers to decimal places, eg,5,275.) Date Cash Carrying Amount of Bonds Interest Expense Bond Discount October 1.2020 $6,754744 April 1 2021 October 1.2021