Please prepare a bond amortization schedule from the date of issue upto and including January 1, 2023.

Please also check if the bond issue price is correct

On January 1, 2021. Sheridan Ltd. issued bonds with a maturity value of $8,200,000 when the market rate of interest was 4%. The bonds have a coupon (contractual) interest rate of 5% and mature on January 1, 2031. Interest on the bonds is payable semi- annually on July 1 and January 1 of each year. The company's year end is December 31. Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 Calculate the issue price of the bonds. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to decimal places, eg. 5,275) Issue Price 8870397 Prepare a bond amortization schedule from the date of issue up to and including January 1, 2023. (Round answers to decimal places, eg,5,275) SHERIDAN LTD. Bond Premium Amortization Table Effective Interest Method-Semi-Annual Interest Payments 5% Bonds Issued at market rate of 4% Interest Payment Interest Expense Premium Amortization Date Bond Amortize Jan 1. 2021 $ July 1, 2021 Jan 1. 2022