On January 1, 2021, a company issues 3-year bonds with a face value of $50,000 and a stated interest rate of 7%. Because the market interest rate is 5%, the company receives $52,723 for the bonds.

Required:

Fill in the table assuming the company uses effective-interest bond amortization. (Round your answers to the nearest whole dollar.)

cash paid, interest expense, amortized premium, bonds payable, and premium on bonds payable