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! Required information [The following information applies to the questions displayed below.) On January 1, 2021, White Water issues $600,000 of 7% bonds, due in

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! Required information [The following information applies to the questions displayed below.) On January 1, 2021, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $644,161. Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Date Cash Paid Interest Expenso Decrease in Carrying Value Carrying Value 01/01/2021 12/31/2021 12/31/2022

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