Required information E10-14 (Algo) (Supplement 10A) Recording the Effects of a Discount Bond Issue and First Interest Payment and Preparing a Discount Amortization Schedule (Straight-Line Amortization) [LO 10-S1] [The following information applies to the questions displayed below.] On January 1, when the market interest rate was 10 percent, Seton Corporation completed a $270,000,9 percent bond issue for $253,399. The bonds pay interest each December 31 and mature in 10 years. Seton amortizes the bond discount using the straight-line method. 2 Answer is not complete