On January 1, 2017, Partridge Advertising Company issued $50,000 of six-year, 3% bonds when the market interest rate was 4%. The bonds were issued for $47,356. Partridge uses the effective-interest method of amortization for bond discount. Semiannual interest payments are made on June 30 and December 31 of each year. Prepare the amortization table for the first four interest payments. (Round your answers to the nearest dollar number.)

 

Date	Cash Paid	Interest Expense	Discount Amortized	Carrying Amount
1/1/17
6/30/17
12/31/17
6/30/18
12/31/18