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Required information Problem 10-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $680,000 of
Required information Problem 10-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $680,000 of 6.5%, four-year bonds dated January 1,2021 , that pay interest semiannually on June 30 and December 31. They are issued at $645,669 when the market rate is 8%. Problem 10-4A (Algo) Part 3 3. Prepare a straight-line amortization table for the bonds' first two years. Note: Round your intermediate and final answers to the nearest whole dollar
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