Gadget Co invests in a $$100,000$ bond with an $8\%$ coupon rate. The market rate of interest is $10\%$ annually and it is a $5$ year bond

Assuming the company invests on Jaruary $1$ st and only pays $$92,418$ for this bond, what is the journal entry on January $1$ st$?$

Prepare a full amortization table for this bond:

$\backslash$table$[[11,,$Cash Received Interest Revenue,Amortized Value,Carrying Value$],[12,$Purchase,,,$],[13,$Year $1,,,],[14,$Year $2,,,],[15,$Year $3,,,$