General Autoparts Inc. issued $160,000 of 8%, 10-year bonds at a price of 91 on January 31, 2020. The market interest rate at the date of issuance was 10%, and the standard bonds pay interest semi-annually. 1. Prepare an effective-interest amortization table for the bonds through the first three interest payments. 2. Record General's issuance of the bonds on January 31, 2020, and payment of the first semi-annual interest amount and amortization of the bonds on July 31, 2020. Explanations are not required. NOBO 1. Prepare an effective-interest amortization table for the bonds through the first three interest payments. (Round your answers to the nearest whole dollar.) General Autoparts Amortization Table A Interest Payment (4% of Maturity Value) B. C D Interest Expense (5% of Bond Discount Bond Discount Preceding Bond Carrying Amortization (B Account Balance Amount) - A) (Preceding D-C) E Bond Carrying Amount ($160,000 -D) Semi-annual Interest Date Jan. 31, 2020 July 31, 2020 Jan. 31, 2021 July 31, 2021