On January 1, 2015, Jackson Corp. purchased $1,667,000  of 10-year, 9% bonds for $1,722,404. The purchase price was based on a market interest rate of 8.5%. Interest is received semi-annually on July 1 and January 1. Jackson’s year end is September 30. Jackson intends to hold the bonds until January 1, 2025, the date the bonds mature. The bonds’ trading value was $1,728,900  on September 30, 2015.

   Prepare a bond amortization schedule for the term of the bonds. (Round answers to 0 decimal places, e.g. 5,275.)

Semi- Annual Interest Period	Interest Received 4.5%	Interest Revenue 4.25%	Premium Amortization	Amortized Cost
Issue Date	$
1	$	$	$
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