Exercise 9-12B Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.) On January 1, Year 1, a company issues $470,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $504,964. xercise 9-12B Part 1 equired: Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 01/01/Year 1 06/30/Year 1 $ 12/31/Year 1 $ 375,153 12,600 $ 12,600 13,130 $ 530 375,683 13,149 549 376,232