On January 1, 2021, White Water issues $560,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $500,674. Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) On January 1, 2021, White Water issues $560,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year Assuming the market interest rate on the issue date is 7%, the bonds will issue at $500,674 2. Record the bond issue on January 1,2021 , and the first two interest payments on December 31,2021 , and December 31 , 2022. (If n entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.)