On 1/1/20, Your Company issued $250,000 of 6% bonds, dated 1/1/20. The bonds pay interest annually on December 31^st. The yield is 8%. They mature in three years on 12/31/22. The bonds were issued for $237,115

Note: Be sure to show the date of each journal entry. The right journal entry on the wrong date is wrong.

1. Prepare an amortization table for all three years.
2. Prepare the journal entry for 1/1/20
3. Prepare the journal entry for 12/31/20