Required information [The following information applies to the questions displayed below.) On January 1, 2024, White Water issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $436,784. Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $432,116 on December 31, 2026. (Round your final answers to the nearest whole dollar.) Date Cash Pald Interest Expense Change in Carrying Value Carrying Value 01/01/2024 06/30/2024 12/31/2024 06/30/2025 12/31/2025 06/30/2026 12/31/2026