Required information [The following information applies to the questions displayed below] On January 1, when the market interest rate was 8 percent, Seton Corporation completed a $130,000, 7 percent bond issue for $121,278. The bonds pay interest each December 31 and mature in 10 years. Seton amortizes the bond discount using the straight-line method. 3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest dollar.) Changes During the Period Answer is not complete. Ending Bond Liability Balances Period Ended Cash Paid Discount Amortized Interest Expense Bonds Payable Discount on Bonds Carrying Value Payable Start 0 Year 1 End. 9,100 872 9.972 130,000 12.912 117,088 Year 2 End 9,100 872 9972 130,000 7,850 122,150 Year 3 End 9,100 872 9.972 130,000 6.978 123,022 Year 4 Endi 9.100 872 9.972 130,000 6,105 123,895 Year 5 End 9.100 872 9.972 130,000 5,233 124,767 Year 6 End 9,100 872 9,972 130,000 4,361 125.639 Year 7 End 9.100 872 9,972 130,000 3,489 126,511 Year 8 End 9,100- 872 9.972 130,000 2.671 127,329 Year 9 End 9.100 872 9.972 130,000 1,744 128.256 Year 10 9.100 872 9,972 130,000 130,000 End