Question 1 View Policies Current Attempt in Progress On January 1, 2021, Sweet Acacia Ltd. issued bonds with a maturity value of $5.35 million for $5,132,790, when the market rate of interest was 8%. The bonds have a contractual interest rate of 7% and mature on January 1, 2026. Interest on the bonds is payable semi-annually on July 1 and January 1 of each year. On January 1 2021. Sheridan Company, a public company purchased Sweet Acacia Ltd. bonds with a maturity value of $1.07 million to earn interest. On December 31, 2021, the bonds were trading at 99. Both companies' 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 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Prepare a bond amortization schedule for Sheridan Company for the first four interest periods. (Round answers to decimal places, eg. 5,275.) Bond Discount Amortization Table Effective Interest Method-Semi-annual Interest Payments 7% Bonds Issued at market rate of 8% (A) (B) (C) Interest Received Interest Revenue Discount Amortization (D) Bond Amortized Cost Date Jan. 1,2021 July 1, 2021 $ Jan. 1.2022 July 1, 2022 Jan. 1, 2023 eTextbook and Media Save for Later Attempts: 0 of 3 used Submi