On January 1, 2018, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $349.428. Required: 1. Complete the first three rows of an amortization table. Date Cash Paid Interest Decrease in Expense Carrying Value Carrying Value 1/1/18 6/30/18 12/31/18