Chmura ltd is authorized to issue $600,000 of 5%. 10- year bonds payable. On December 31,2014, when the market interest rate is 6%, the company issue $500,000 of the bonds and received cash of $462,808. Chmura ltd. Amortizes bond discount by the effective-interest method. The semiannual interest dates are June 30 and December 31

QUESTION.

Prepare a bond amortization table for the first four semiannual Interest period