On January 1, 2022, Blossom Corporation issued $1,550,000 face value. 4%, 10-year bonds at $1,430.313. This price resulted in an effective-interest rate of 5% on the bonds. Lock uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest on January 1. ethod-Annual Interest Payments Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Un Issue date 1 2 3 A eTextbook and Media List of Accounts ments 6.76/35 Unamortized Discount Bond Carrying Value hp 119687 + 14F Mostly cloudy prt sc delete