Cullumber Company sells 9% bonds having a maturity value of $1,790,000 for $1,596,430. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1. Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to O decimal places, e.g. 38,548.) Year Jan. 1, 2020 Jan. 1, +A 2021 Jan. 1, 2022 Jan. 1, 2023 Jan. 1, 2024 Jan. 1, 2025 Cash Paid $ Discount Schedule of Discount Amortization Straight-Line Method Interest Expense +A $ Amortized A Carrying Amount of Bonds