MiraCanto Enterprises is planning to expand its products into a new market. To facilitate this expansion, the company has decided to issue bonds. The company issues 8.0%, five-year bonds dated January 1, 2021, with a $530,000 par value. The bonds pay interest on June 30 and December 31. The annual market rate is 7.5% on the issue date. Required: Prepare an effective interest amortization table for the bonds' life. Complete this question by entering your answers in the tabs below. Required 2 Prepare an effective interest amortization table for the bonds' life. (Round your intermediate and final answers to the nearest whole dollar.) Semiannual Interest Period- End 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 06/30/2024 12/31/2024 06/30/2025 12/31/2025 Cash Interest Paid Bond Interest Expense Premium Amortization Unamortized Premium Carrying Value Total