On December 31,

2024,

when the market interest rate is

8%,

Timmony Realty

issues

$650,000

of

5.25%,

10-year

bonds payable. The bonds pay interest semiannually. The present value of the bonds at issuance is

$528,279.

On December 31, 2024, when the market interest rate is 8%, Timmony Realty issues $650,000 of 5.25%, 10-year bonds payable. The bonds pay interest semiannually. The present value of the bonds at issuance is $528,279. Requirements 1. Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods. (Round to the nearest dollar.) 2. 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.) Interest Carrying Amount Cash Paid Expense Amortized 12/31/2024 06/30/2025 12/31/2025 Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check