Cullumber Company issued $415,000,6%, 15-year bonds on January 1, 2017 for $458,075. This price resulted in an effective interest rate of 5% on the bonds. Interest is payable annually on January 1. Cullumber uses the effective-interest method to amortize bond premium or discount. TOT Prepare the schedule using effective-interest method to amortize bond premium or discount of Cullumber Company. (Round answers to decimal places, eg. 125.) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unams Prer Issue date $ 2 Save for Later Attempts: 0 of 3 used Submit Answer = TO Prepare the schedule using effective-interest method to amortize bond premium or discount of Cullumber Company. (Round answers to decimal places, eg. 125.) Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value $ $ $ Save for Later Attempts: 0 of 3 used Submit