On June 30, 2020, the market interest rate is 3%. Enderby Enterprises issues $500,000 of 4%, 13-year bonds at 110.625. The bonds pay interest on June 30 and December 31. Enderby amortizes bonds by the effective-interest method. Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods. 2. Record issuance of the bonds on June 30, 2020, the payment of interest at December 31, 2020, and the semi-annual interest payment on June 30, 2021. Requirement 1. Prepare a bond amortization table for the first four semi-annual interest periods. (Round your answers to the nearest whole dollar.) Enderby Enterprises Amortization Table A B D Interest Payment Interest Expense (1.5% of Premium (2% of Maturity Preceding Bond Carrying Amortization Premium Account Amount) (A-B) Balance (D-C) E Semi-Annual Interest Date Value) Bond Carrying Amount ($500,000 + D) June 30, 2020 Dec. 31, 2020 June 30, 2021 Dec. 31, 2021 June 30, 2022 Requirement 2. Record issuance of the bonds on June 30, 2020, the payment of interest at December 31, 2020, and the semi-annual interest payment on June 30, 2021. (Record debits first, then credits. Explanations are not required. Round your answers to the nearest whole number.) Start by recording the issuance of the bonds on June 30, 2020 Date Accounts Debit Credit June 30, 2020 Record the semi-annual interest payment on December 31, 2020. Date Accounts Debit Credit Dec 31, 2020 Record the semi-annual interest payment on June 30, 2021. Date Accounts June 30, 2021 Debit Credit