need b please

On January 1, 2020, Flounder Company sold 11% bonds having a maturity value of $900,000 for 3934,116, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable December 31 of each year. Flounder Company allocates interest and unamortized discount or premium on the effective interest basis Your answer is correct (b) Prepare a schedule of interest expense and bond amortization for 2020-2022. (Round answer to o decimal places, 0.g. 38,548.) Schedule of Interest Expense and Bond Premium Amortization Effective-Interest Method Cash Interest Premium Carrying Date Pald Expense Amortized Amount of Bonds 1/1/20 12/31/20 12/31/21 12/31/22 s