On January 1, 2016, a company issues 3-year bonds with a face value of $140,000 and a stated interest rate of 7%. Because the market interest rate is 5%, the company receives $147,624 for the bonds.

Required:

Fill in the table assuming the company uses effective-interest bond amortization. (Round your answers to the nearest whole dollar.)

Period Ended	Cash Paid	Interest Expense	Amortized Premium	Bonds Payable	Premium on Bonds Payable	Carrying Value
01/01/2016
12/31/2016
12/31/2017
12/31/2018