JProblem $1$: Bonds

Alco Company issued a $5-$year, $5\%$$$100,000$ face value bond on January $1,2024$ at $102.$ Issuance costs were $$400$ and were incurred by Alco Company. Interest is paid each December $31.$ The effective interest rate after factoring in the issuance costs is $4\mathrm{.}63\%.$

mances

a$.$ Complete the amortization table below for $2024,2025$ and $2026.$

$\backslash$table$[[$Period$,$Interest Paid,Interest Expense,Amortization,Carrying Value$],[\backslash$table$[[\frac{1}{1}\frac{?}{2024}$