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Required information (The following information applies to the questions displayed below. On January 1, 2021, Splash City issues $360,000 of 7% bonds, due in 10

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Required information (The following information applies to the questions displayed below. On January 1, 2021, Splash City issues $360,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $335,539 Required: 1. Complete the first three rows of an amortization table. (Round your intermediate and final answers to the nearest whole dollar) Change in Carrying Date Interest Expense Cash Paid Carrying Value 1/1/21 $ 335 539 6/30/21 12/31/21

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