Required information [The following information applies to the questions displayed below.] On January 1, Year 1, a company issues $420,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $375,153. Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Date 01/01/Year 1 Cash Paid Interest Expense Increase in Carrying Value Carrying Value $ 375,153 06/30/Year 1 $ 12/31/Year 1 12,600 12,600