Bonds Issued at a Premium (Effective Interest) Haley Industries issued $90,000 of 8%, 7-year bonds on January 1, 2024, with a $4,850 premium. Interest is paid annually on December 31. The market rate of interest is 7% Required: Prepare the amortization table using the effective interest rate method. If an amount box does not require an entry, leave it blank. If the answer is zero, enter "0". When required, round your answers to the nearest whole dollar. And, round final year to complete the amortization. Haley Industries Amortization Table (Credit) (Debit). Period At issue 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 Cash Interest Premium on Payment Expense Bonds Payable Bonds Payable: (Debit) Premium on Carrying Balance Value 0000