Required information

Exercise 10-15 Straight-Line: Amortization and accrued bond interest expense LO P2

[The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $117,000 par value on January 1, 2017, at a price of $112,870. The annual contract rate is 9%, and interest is paid semiannually on June 30 and December 31.

Exercise 10-15 Part 1

1. Prepare an amortization table for these bonds. Use the straight-line method of interest amortization. (Round your answers to the nearest dollar amount.)

Semiannual	Unamortized	Carrying
Period-End	Discount	Value
6/01/2017
11/30/2017
5/31/2018
11/30/2018
5/31/2019
11/30/2019
5/31/2020
11/30/2020
5/31/2021