On January 1, 2020, Blue Company sold 12% bonds having a maturity value of $850,000 for $914,443, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable December 31 of each year. Blue Company allocates interest and unamortized discount or premium on the effective-interest basis. (a) (b) Your answer is partially correct. Prepare a schedule of interest expense and bond amortization for 2020-2022. (Round answer to 0 decimal places, e.g. 38,548.) Schedule of Interest Expense and Bond Premium Amortization Effective-Interest Method Interest Premium Expense Amortized Cash Paid Carrying Amount of Bo i $ i $ 0 $ 102000 91444 10556 102000 102000 e Textbook and Media List of Accounts Save for Later Attempts: 2 of 3 used Submit