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On January 1, 2020, Carla Vista Corporation issued $760,000,7%,5-year bonds for $699,200. The bonds were sold to yield an effective-interest rate of 9%. Interest is

image text in transcribed On January 1, 2020, Carla Vista Corporation issued $760,000,7%,5-year bonds for $699,200. The bonds were sold to yield an effective-interest rate of 9%. Interest is paid annually on January 1 . The company uses the effective-interest method of amortization (a) Prepare a bond discount amortization schedule which shows the amortization of discount for the first two interest payment dates. (Round answers to 0 decimal places, e.g. 5, 275.)

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