On June 30,2020 , the market interest rate is 2.4%. Castlegar Enterprises issues $510,000 of 3.4%,15-year bonds at 112.838. The bonds pay interest June 30 and December 31 . Castlegar 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