On January 1, 2021, White Water issues $460,000 of 5% bonds, due in 15 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $415,326.

Required:

1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.)

Date	Cash Paid	Interest Expense	Increase in Carrying Value	Carrying Value
01/01/2021
12/31/2021
12/31/2022