On January $1,2024,$ Cullumber issued $$4,200,000,10\%$ bonds. Interest is payable semi$-$annually on June $30$ and December $31.$ The bonds mature on January $1,2034.$ The bonds are sold to yield $12\%.$

Your answer is incorrect. Prepare the amortization table for the first year assuming the effective interest method is used to calculate interest. (Round answers to O decimal places, e.g. 25,000.) Date 1/1/2024 6/30/2024 $ 12/31/2024 Cash Interest eTextbook and Media Save for Later 8 $ Interest Expense Discount Amortized Carrying Va Attempts: unlimited Submit Answer