On June 30, 2020, the market interest rate is 5.1%. Colwood Enterprises issues $525,000 of 6.1%, 15-year bonds at 116.156. The bonds pay interest on June 30 and December 31. Colwood 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.) Colwood Enterprises Semi-Annual Interest Date A Interest Payment (3.05% of Maturity Value) June 30, 2020 Dec. 31, 2020 June 30, 2021 Dec. 31, 2021 June 30, 2022 Amortization Table B C D Interest Expense (2.55% of Preceding Bond Carrying Amount) Premium (A-B) (D-C) E Bond Carrying Premium Amortization Account Balance Amount ($525,000+ D)