Goal Ld is authorized to use $7.250,000 of 3 percent, 10-year bonds On January 2, 2020, the contract data, when the market interest rate is 4 percent, the company issues $5,800,000 of the bonds and receives cash of $5,325,808. Interest is paid on June 30 and December 31 each year Required 1. Prepare an amortization table for the first four sem annual interest periodh Goal Ld amortures bond discounts by the effective interest method 2. Record the use of bonds on January 2, the first semi-annual interest payment on June 30, and the second payment on December 31 3. Show the balance sheet presentation of the bond on the date of issue and on December 31, 2021 Requirement 1. Prepare an amortizabon table for the first four sems annual interest penods Goal LM amortizes bond discounts by the effective interest method (Round your answers to the nearest whole dollar) Goal Ltd Amortization Table C D E Interest Payment Interest Expense Unamortized Sens annua Interest Period Jan 2, 2020 (15% of Maturity Values) 12.0% of Preceding Blond Carrying Amount Discount Amortization (-A) Discount Account Bond Carrying Balance Amount D-C 155800000-0