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On Jamuary 1, 2022. Mall Incorporated issued $1,540,000 par value, 3%, 7year bonds (1.e. there were 1,540 of $1,000 par value bonds in the issue)
On Jamuary 1, 2022. Mall Incorporated issued $1,540,000 par value, 3\%, 7year bonds (1.e. there were 1,540 of $1,000 par value bonds in the issue) ieterest is payabie semianualy each January 1 and July 1 with the first interest payment due at the end of the perod on July 1 . The issue price of the bonds based on a 4% market rate of interest is $1.446.782 Prepare the amontization table for the fint 2 years, assuming Mill uses the straght tine method (Round esch calculation to the nearost whole number and ther ire the rounded value for each suthsequent calculation in the table)
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