Exercise 10-22 (Part Level Submission) Pina Colada Corp. issued $405,000, 7%, 20-year bonds on January 1, 2017, for $365,236. This price resulted in an effective-interest rate of 8% on the bonds. Interest is payable annually on January 1. Pina Colada uses the effective-interest method to amortize bond premium or discount. (a1) Prepare the schedule using effective-interest method to amortize bond premium or discount of Pina Colada Corp.. (Round answers to 0 decimal places, e.g. 5,250.) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value Issue date $ $ $ $ $ 1 2