Required information Skip to question [The following information applies to the questions displayed below.] On January 1, 2021, Splash City issues $330,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $354,549.

Required information [The following information applies to the questions displayed below.] On January 1, 2021, Splash City issues $330,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $354,549. Required: 1. Complete the first three rows of an amortization table. (Round your final answers to the nearest whole dollar.) Answer is complete but not entirely correct. Date Decrease Interest in Carrying Cash Paid Expense Carrying Value Value $ 354,549 $ 354,549 X $ 10,636 $ 11,550 X 353,635 353,635 X 10,609 11,550 X 35,695 1/1/21 6/30/21 12/31/21