On July $1,2021,$ Marigold Satellites Corporation issued $$1,500,000$ of $10-$year, $5\%$ bonds to yield a market interest rate of $4\%.$ The bonds pay semi$-$annual interest on July $1$ and January $1.$ Marigold has a December $31$ year end and records adjusting entries annually. Marigold received $$1,622,634$ when issuing the bonds.

Current Attempt in Progress

Click here to view the factor table.

Prepare an amortization table through January $1,2023($three interest periods$)$ for this bond issue. $($Round all amounts to the nearest dollar, e$.$g$.5,275.)$

MARIGOLD SATELLITES CORPORATION Bond Premium Amortization

Sami

$($a$)$