Potter Investments, Inc., issued $560,000 of 2.5%, 10-year bonds payable on March 31,2014. The market interest rate at the date of issuance was 3%, and the Potter Investments bonds pay interest semiannually. Potter's year-end is March 31. Using the PV function in Excel, calculate the issue price of the bonds. Prepare an effective-interest amortization table for the bonds through the first three interest payments. Round amounts to the nearest dollar. Record Potter Investments, Inc.'s issuance of the bonds on March 31, 2014, and payment of the first semiannual interest amount and amortization of the bond discount on September 30, 2014. Explanations are not required