Jessica Corporation issued $4,000,000, 5-year, 8 % bonds on January 1, 2012. The bonds were issued @ 87.53785 to yield an effective market rate of 10 %. Interest is payable semi-annually on July 1 and January 1. Financial statements are prepared on December 31^st.

Complete this table to calculate the bond interest expense and amortization amounts.

Interest Period	Bond Interest Cash Payment	Bond Interest Expense	___Blank 1____ Amortization	Unamortized _____Blank 2_______	Carrying Value
Issue Date				Blank 3	Blank 4
7/1/12	Blank 5	Blank 6	Blank 7	Blank 8	Blank 9