Oak Branch Inc. issued $900,000 of 8\%, 10-year bonds when the market rate was 7.s. They roceived $963,970. Intereit was paid semi-annially, Prepare ant amortization table for the first three years of the bonds. Round intermediate and final answers to whole dollar anount. fetchas FCied My who The amortization of a discount or premium is the deferenoe between the interet coloulyed on the bond and khe interest on thit earrying yalue. Depending on whethar the bend wos lasued at a descours or premium, the amount of the amoinzation is eather added or subtencted trom tho carrying valus