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On January $1,2024,$ Splash City issues $$480,000$ of $7\%$ bonds, due in $10$ years, with interest payable semiannually on June $30$ and December $31$ each year. The market interest rate on the issue date is $8\%$ and the bonds issued at $$447,383.$

Required:

Using an amortization schedule, show that the bonds have a carrying value of $$452,034$ on December $31,2025.($Round your final answers to nearest whole dollar.$)$

$\backslash$table$[[$Date$,$Cash Paid,Interest Expense,$\backslash$table$[[$Change in Carrying$],[$Value$]],$Carrying Value$],[\frac{01}{01}\frac{?}{2024},,,,],[\frac{06}{30}\frac{?}{2024},,,,],[\frac{12}{31}\frac{?}{2024},,,,],[\frac{06}{30}\frac{?}{2025},,,,],[\frac{12}{31}\frac{?}{2025},,,,]]$