Required information [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 10% and the bonds issued at $457,102. Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $458,633 on December 31, 2025. (Round your final answers to nearest whole dollar.) Data 01/01/2024 Cash Paid Interest Expense Change in Carrying Valus Carrying Value 06/30/2024 12/31/2024 06/30/2025 12/31/2025