On January 1, 2016, Everly Bottle Company sold $3,000,000 in long-term bonds for $2,631,300. The bonusually mature in 10 years and have a stated interest rate of 8% and a market yield rate of 10%. The bonds pay inter on December 31 of each year. The bonds are to be accounted for under the effective-interest method Construct a bond amortization table for the first three years, 2016, 2017 and 2018 to indicate the anount of interest expense and discount amortization at each December 31 . Make sure all columns and rows are properly labeled as you Make journal entries at interest payment dates on 12/31/16,12/31/17 and 12/31/18