Current Attempt in Progress Metlock Company sells 10% bonds having a maturity value of $1,630,000 for $1,512,490. 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 decimal places, eg. 38,548.) Schedule of Discount Amortization Straight-Line Method Cash Interest Discount Carrying Amount of B Year Paid Expense Amortized Jan. 1. A $ $ $ 2020 Jan. 1. 2021 Jan. 1. 2022 Jan. 1. 2023 Jan. 1. 2024 Jan. 1. 2025 eTextbook and Media Save for Later Attempts: unlimited Submit