i am divided the 550000 and the 599500 to come up with the cash payment.

still not getting the right answer

LUY INTO JWU Grammar Checker Johnson & Wales P S hared album - Dorop There's racial biasi. More Than Half of eBook Calculator Cornerstone Exercise 9-35 (Algorithmic) Bonds Issued at a Premium (Effective Interest) Cookie Dough Corporation issued $550,000 in 7%, 10-year bonds (payable on December 31, 2030) on January 1, 2021, for $599,500. Interest is paid on June 30 and December 31. The market rate of interest is 5%. Required: Prepare the amortization table through December 31, 2023, using the effective interest rate method. If an amount box does not require an entry, leave it blank and if the answer is zero, enter "O". If required, round your answers to the nearest whole dollar. Cookie Dough Corporation Amortization Table Interest Expense (Debit) Premium on Bonds Payable (Debit) Period At issue Cash Payment (Credit) $ 0 Premium on Bonds Payable Balance Carrying Value $ 0 T 6/30/21 12/31/21 6/30/22 12/31/22 6/30/23 12/31/23 Feedback Check My Work Previous Next Check My Work Email Instructor Save and Exit Submit Assignment for Grading All work saved