On July 1, 2024, Wildhorse Corp, issued $4.24 million of 10-year, 5% bonds at $4,586,650. This price resulted in a 4% market interest rate on the bonds. The bonds pay semi-annual interest on July 1 and January 1, and Wildhorse has a December 31 year end. Date Interest Payment Interest expense Premium Amortization Bond Carrying Amount July 1, 2024 $4,586,650.00 January 1, 2025 $106,000.00 $91,733.00 $14,267.00 $4,572,383.00 July 1, 2025 $106,000.00 $91,447.66 $14,552.34 $4,557,830.66 January 1, 2026 $106,000.00 $91,156.61 $14,843.39 $4,542,987.27 July 1, 2026 $106,000.00 $90,859.75 $15,140.25 $4,527,847.02 January 1, 2027 $106,000.00 $90,556.94 $15,443.06 $4,512,403.96 July 1, 2027 $106,000.00 $90,248.08 $15,751.92 $4,496,652.04 January 1, 2028 $106,000.00 $89,933.04 $16,066.96 $4,480,585.08 July 1, 2028 $106,000.00 $89,611.70 $16,388.30 $4,464,196.78

Record the accrual of interest and the interest payments for the first three years of the bonds.

For Dec 31, 2024,

Jan 1 2025,

July 1 2025,

Dec 31, 2025,

Jan 1, 2026,

July 1, 2026

Dec 31, 2026