Company A issues a four-year, $10,000, zero-interest-bearing note to Company B. The implicit rate that equated the total cash to be paid ($10,000 at maturity) to the present value of the future cash flows ($7,350.30 cash proceeds at date of issuance) is 8%. Please fill in all the required blanks in the following table. (Round numbers to 2 decimal places, e.g. $588.02.)

ABC company issues the following bonds: Issue date January 1, 2020 Maturity date January 1, 2024 Par value -- $50,000 Market interest rate at time of issue 10% annually Stated interest rate 12% annually Interest paid -6% semiannually Please calculate the selling price of the bonds, and make the necessary journal entry for July 1, 2020. Schedule of Note Discount Amortization Effective-Interest Method 0% Note Discounted at 8% Cash Paid Interest Expense Discount Amortized Carrying Amount of Note Date of Issue ? End of Year 1 ? ? ? ? End of Year 2 ? ? ? ? End of Year 3 ? ? ? ? End of Year 4