Pina Company sells 9% bonds having a maturity value of $1,750,000 for $1,560,756. The bonds are dated January 1, 2017, and mature January 1, 2022. Interest is payable annually on January 1. Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to o decimal places, e.g. 38,548.) Schedule of Discount Amortization Straight-Line Method Cash Paid Interest Expense Discount Amortized Carrying Amount of Bonds Year Jan. 1, 2017 157000 1560756 Jan. 1, 2018 157000 187291 29791 1590547 Jan. 1, 2019 T 157000 190866 33366 1623912 Jan. 1, 2020 T 157000 194869 37369 1661282 Jan. 1, 2021 T 157000 199354 41854 1703136 Jan. 1, 2022 157000 204376 46864 1750000