On January 1, 2018, White Water issues $590,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $527,496.

On January 1, 2018, white water issues $590,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $527,496. value: 10.00 points Required: 1. Complete the first three rows of an amortization table Carrying Cash Pald Increase in Expense Carrying Value Value Date 12/31/18 12/31/19