E9-15 On January 1, 2021, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year. Record BoHUS IJU a premium and re annual interest Required: ming the market interest rate on the issue date is 6%, the bonds will issue at $644,161. 1. Complete the first three rows of an amortization schedule. (Hint: Use Illustration 9-, except the dates for the first three rows will be 1/1/21. 12/31/21, and 12/31/22 since interest is payable annually rather than semiannually. Interest expense for the period ended December 31, 2021, is calculated as the carrying value of $644,161 times the market rate of 6%.) 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022. w ith