Pina Colada Corp. issued $ 6,840,000 of 8% bonds on October 1, 2020, due on October 1, 2025. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 10% effective annual interest. Pina Colada Corp. closes its books annually on December 31.

Complete the following amortization schedule for the dates indicated. Use the effective-interest method. (Round answers to 0 decimal places, e.g. 5,275.)

(a) Complete the following amortization schedule for the dates indicated. Use the effective-interest method. (Round answers to O decimal places, e.g. 5,275.) Carrying Amount of Bonds Date Cash Interest Expense Bond Discount October 1, 2020 $ 6,311,810 April 1, 2021 October 1, 2021 List of Accounts Save for Later Attempts: 0 of 1 used Submit