On December 31,2020,Mobbs Corp. issues 11 percent, 10-year convertible bonds with a maturity value of $5,500,000. The semi-annual interest dates are June 30 and December 31. The market interest rate is 12 percent, and the issue price of the bonds is 93.5636364. Mobbs Corp. amortizes bond premium and discount by the effective-interest method.Required

Requirement 1. Prepare an effective-interest method amortization table for the first four semi-annual interest periods. (Round your answers to the nearest dollar.)

Mobbs Corp.
Amortization Table
	A	B	C	D	E
	Interest	Interest Expense		Unamortized
	Payment	(6.0% of	Discount	Discount Account	Bond Carrying
Semi-annual	(5.5% of	Preceding Bond	Amortization	Balance	Amount
Interest Period	Maturity Values)	Carrying Amount)	(B A)	(D C)	($5,500,000 D)

Dec 31, 2020 ______________. _____________