Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $4,895,980.

4. Prepare the first two years of an amortization table using the straight-line method. Semiannual Period Unamortized Carrying End Premium Value 01/01/2015 895,980 4.895.980 06/30/2015 12/31/2015 06/30/2016 12/31/2016