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On January 1, 2021, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31

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On January 1, 2021, 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. Please complete the following line of the amortization schedule. Don't use commas, negative signs, decimals, % or $. Round final answer to closest dollar Decrease in Date Cash Paid Interest Expense Carrying Value After Carrying Value 1st Payment 6/30/2021 1. 2. 3. 4. A A/ \/

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