On January 1, 2023, Liu Corporation paid $245,928 to acquire bonds of Singh Investment Corp with a par value of $244,000. The annual contract rate on the bonds is 8.0% and interest is paid semiannually on June 30 and December 31. The bonds mature after three years. The market rate of interest was 7.7%. Liu Corporation intends to hold the bonds until maturity. Required: 1. Prepare an amortization schedule for the investment showing only 2023.