Corporation issued $620,000 of 5%, 15-year bonnd payable on March 31,2016. The market interest rate at the date of issuance was 10%, and the Corporation bonds pay interest semiannually. Corporation's year-end is March 31.

	Using the PV function in Excel Superscript
2.	Prepare an effective-interest amortization table for the bonds through the first three interest payments. Round amounts to the nearest dollar.