Blue Spruce Corporation issued $530,000, 7%, 20-year bonds on January 1, 2022, for $477,965. This price resulted in an effective- interest rate of 8% on the bonds. Interest is payable annually on January 1. Blue Spruce uses the effective interest method to amortize bond premium or discount. (a1) Prepare the schedule using effective interest method to amortize bond premium or discount of Blue Spruce. (Round answers to decimal places, es. 5.275) Interest Periods Interest to Be Pald Interest Expense to Be Recorded Discount Amortization Unamo Disco Issue date $ Prepare the schedule using effective-interest method to amortize bond premium or discount of Blue Spruce. (Round answers to o decimal places, eg. 5,275.) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamor Disco Issue date $ 1 2 Prepare the schedule using effective-interest method to amortize bond premium or discount of Blue Spruce. (Round answers to U decimal places, eg. 5,275.) Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value