On January 1, 2021, White Water issues $490,000 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 $442,412.

Chapter 9 Homework i Saved Help Save & Exit Submit Check my work 3 Required information Part 1 of 2 [The following information applies to the questions displayed below.) On January 1, 2021, White Water issues $490,000 of 5% bonds, due in 15 years, with interest payable annually on December 31 each year. 16.66 points Assuming the market interest rate on the issue date is 6%, the bonds will issue at $442,412. eBook Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Hint Date Cash Paid Carrying Interest Expense Increase in Carrying Value Value 01/01/2021 Print 12/31/2021 12/31/2022 Red References