Indigo Company sells 10% bonds having a maturity value of $1,570,000 for $1,456,815. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1. Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to o decimal places, e.g. 38,548.) Schedule of Discount Amortization Straight-Line Method Cash Interest Discount Carrying Year Paid Expense Amortized Amount of Bonds Jan. 1, 2020 $ Jan. 1, 2021 Jan. 1, 2022 $ Jan. 1, 2023 Jan. 1, 2024 Jan. 1, 2025