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Current Attempt in Progress Blossom Ltd. issued $0.96 million of 5-year, 4% bonds dated May 1, 2024, for $1,004,266 when the market interest rate was
Current Attempt in Progress Blossom Ltd. issued $0.96 million of 5-year, 4% bonds dated May 1, 2024, for $1,004,266 when the market interest rate was 3%. Interest is paid semi-annually on May 1 and November 1. Prepare an amortization schedule for the first three interest payments. (Round answers to 0 decimal places, e.g. 5,275.)
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