Homework: Chapter 12 Homework Save Score: 0 of 1 pt 27 of 28 (27 complete) HW Score: 93.03%, 26.05 of 28 pts S12B-16 (similar to) Question Help On December 31, 2018, when the market interest rate is 16%, O'Brien Realty issues $700,000 of 14.25%, 10-year bonds payable. The bonds pay interest semiannually. The present value of the bonds at issuance is $640,173. Requirements 1. Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods. (Round to the nearest dollar.) 2. Using the amortization table prepared in Requirement 1, journalize issuance of the bonds and the first two interest payments. Requirement 1. Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods. (Round to the nearest dollar.) Discount Interest Expense Cash Paid Amortized Carrying Amount 640,173 12/31/2018 06/30/2019 Choose from any list or enter any number in the input fields and then click Check