Required information [The following information applies to the questions displayed below] On January 1, 2024, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $559,740. Required: Complete the first three rows of an amortization schedule. (Hint Use llustration 9-6, except the dates for the first three rows will be 1/2024,12/31/2024, and 12/31/2025 since interest is payable annually rather than semiannually. Interest expense for the period anded December 31,2024 , is calculated as the carrying value of $559,740 times the market rate of 8%.) (Round your final answers to he nearest whole dollar.) Required information [The following information applies to the questions displayed below] On January 1, 2024. White Water issues $600,000 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 6%, the bonds will issue at $644,632. 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Roun your final answers to the nearest whole dollar.) Journal entry worksheet 3 Note; tenter Geoits berore crearts. Required information [The following information applies to the questions displayed below] On January 1,2024 , White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $559,740. 2. Record the bond issue on January 1, 2024, and the first two interest payments on December 31, 2024, and December 31, 2025. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Note: Enter debits before credits