On December $31,2025,$ when the market interest rate is $8\%,$ Kennedy Realty issues $$1,100,000$ of $9\mathrm{.}25\%,10-$year bonds payable. The bonds pay interest semiannually. Kennedy Realty received $$1,192,991$ in cash at issuance.

Requirements

Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods. $($Round to the nearest dollar.$)$

Using the amortization table prepared in Requirement $1,$ journalize issuance of the bonds and the first two interest payments.

Requirement $1.$ Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods. $($Round to the nearest dollar.$)$

$\backslash$table$[[,$Interest,$\backslash$table$[[$Carrying$],[$Amount$]]],[,$Cash Paid,Expense,Amortized$],[\frac{12}{31}\frac{?}{2025}$