. Greer Industries issued $6,000,000 of 6% debentures on May 1, 2019 and received cash totaling $5,513,346. The bonds pay interest semiannually on May 1 and November 1. The firm uses the ef-fective-interest method of amortizing discounts and premiums. The bonds were sold to yield an ef-fective-interest rate of 8%. Complete the following table indicating the total dollar amount of discount or premium amortiza-tion during the first year these bonds were outstanding. Show computations and round to the near-est dollar. Amortization Table Carrying value Date Cash paid (A) Interest Expense (B) Amortization (A - B) November 1 May 1