Exercise 17-5 (Part Level Submission) On January 1, 2013, Phantom Company acquires $347,700 of Spiderman Products, Inc., 9% bonds at a price of $322,647. The interest is payable each December 31, and the bonds mature December 31, 2015. The investment will provide Phantom Company a 12.00% yield. The bonds are classified as held-to-maturity. Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. (Round answers to 0 decimal places, e.g. 2,500.) Schedule of Interest Revenue and Bond Discount Amortization Straight-line Method Bond Purchased to Yield Date Cash Received Interest Revenue Bond Discount Amortization Carrying Amount of Bonds 1/1/13 $Entry field with correct answer 12/31/13 $Entry field with correct answer $Entry field with incorrect answer $Entry field with incorrect answer Entry field with incorrect answer 12/31/14 Entry field with correct answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer 12/31/15 Entry field with correct answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (c) and (d) The parts of this question must be completed in order. This part will be available when you complete the part above.

this is my answer and its wrong

				322,647
41,639	31,293	32,546	-1,253	323,900
42,004	31,293	32,546	-1,253	325,152
42,369	31,293	32,546	-1,253	326,405
41,639	31,293	39,169	-7,876	334,281
42,004	31,293	40,114	-8,821	343,101
42,369	31,293	41,172	-9,879	352,980
		cash	31,293
		held to maturity		8,821
				22472
		cash	31,293
		held to maturity		1253
		interest		30040