On January 1, 2018, Irik Corporation issued $1,900,000 face value, 7%, 10-year bonds at $1,772,508. This price resulted in an effective-interest rate of 8% on the bonds. The bonds pay annual interest, each January 1. Prepare an amortization table through December 31, 2021 (three interest periods) for this bond issue. December 31 is the company's year-end. (Round answers to the nearest whole dollar, e.g. 5,275.) IRIK CORPORATION Bond Discount Amortization Effective-Interest Method - Annual Interest Payments Interest Annual Interest Periods to Be Interest Expense to Be Recorded Discount Amor- tization Unamor- tized Discount Paid Issue date-Jan. 1/18 1 - Jan. 1/19 ta 2 - Jan. 1/20 3 - Jan. 1/21 IRIK CORPORATION Bond Discount Amortization Effective-Interest Method - Annual Interest Payments Interest to Be Paid Interest Expense to Be Recorded Discount Amor- tization Unamor- tized Discount Bond Carrying Amount 1/18