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Before you begin, pint out all the pages in this wokbook. Otter Products Inc. issued bonds on January 1, 2019. Interest is to bepaid semi-annually. onthar infinmatinn is ac followe. 1 Calrulata a. Theamount of interest paid in cash every payment period. 200,000+6%=12,000 b. Theamount of amortization to berecorded at each interest payment date(usethestraightlinemethod 1.1,000 ? Completethis amortization table by calculating interest expense, and beginning and ending bond carryingamounts at theend of each period over two years. 2 Calculatetheactual interest rateunder thestraight-linemethod of amortization for each sbmonth period. Round all percentage calculations to two decimal placed. Use the following format: A Preparetheiournal entrv for December 31.2019