Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A Period Ending June 1/20 Dec. 1/20 (A) (B) Period Interest Cash Interest Paid $620,000 8.0% 6/12 Expense (E) 7.0% 6/12 (C) Amort. (D) Unamortized (A) - (B) Balance $40,888 (E) Carrying Value $620,000 + (D) $ 660,888 $ 24,800 $ 23,131 $ 1,669 39,219 659,219 : : Dec. 1/26 24,800 22,278 2,522 13,996 633,996 June 1/27 24,800 22,190 2,610 11,386 631,386 Dec. 1/27 24,800 22,099 2,701 8,685 628,685 June 1/28 24,800 22,004 2,796 5,889 625,889 Dec. 1/28 24,800 21,906 2,894 2,995 622,995 June 1/29 24,800 21,805 2,995 0 620,000 Totals $ 446,400 $ 405,512 $40,888 *Adjusted for rounding (For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollar.)