On January 1, 2017, Windsor Company acquires $150,000of Spiderman Products, Inc.,10% bonds at a price of $139,375. Interest is received on January 1 of each year, and the bonds mature on January 1, 2020. The investment will provide Windsor Company a13% yield. The bonds are classified as held-to-maturity.

(a)

the 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. (Round answers to 0 decimal places, e.g. 2,500.)

Schedule of Interest Revenue and Bond Discount Amortization

Straight-line Method

Bond Purchased to Yield

Date

Cash

Received

Interest

Revenue

Bond Discount

Amortization

Carrying Amount

of Bonds

1/1/17

$

$

$

$

1/1/18

1/1/19

1/1/20