On January 1, 2018, Carvel Corp. issued five-year bonds with a face value of $470,000 and a coupon interest rate of 6%, with interest payable semi-annually.

Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold when the market interest rate was 5%. (Round answers to 0 decimal places, e.g. 5,255.)

CARVEL CORP. Bond Premium Amortization On January 1, 2018 Interest Expense Premium Amortization Semi-annual Interest Periods Interest Payment Unamortized Premium Bond Carrying Amount Jan. 1/18 14100 July 1/18 14100 Jan. 1/19 LINK TO TEXT Attempts: 1 of 2 used