Required information [The following information applies to the questions displayed below] On January 1, 2024. 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 8%, the bonds will issue at $559,740 Required: C. Complete the first three rows of an amortization schedule. (Hint Use lllustration 9-6, except the dates for the first three rows will be 11/2024,12/31/2024, and 12/31/2025 since interest is payable annually rather than semiannually. Interest expense for the period ended December 31,2024 , is calculated as the carrying value of $559,740 times the market rate of 8% ) (Round your final answers to the nearest whole dollar.)