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On July 1, 2021, Bonita Satellites Corporation issued $1,800,000 of 10 -year, 6% bonds to yield a market interest rate of 5%. The bonds pay
On July 1, 2021, Bonita Satellites Corporation issued $1,800,000 of 10 -year, 6% bonds to yield a market interest rate of 5%. The bonds pay semi-annual interest on July 1 and January 1 . Bonita has a December 31 year end and records adjusting entries annually. Bonita received $1,940,301 when issuing the bonds. 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.) Unamortized Bond Carrying Premium Amount $ $
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