Required information [The following information applies to the questions displayed below.] On January 1, when the market interest rate was 10 percent, Seton Corporation completed a $270,000, 9 percent bond issue for $253,399. The bonds pay interest each December 31 and mature in 10 years. Seton amortizes the bond discount using the straight-line method. 3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest dollar.) Changes During the Period Ending Bond Liability Balances Period Ended Cash Paid Discount Amortized Interest Expense Carrying Value Start Yr 1 End Yr 2 End Yr 3 End Yr 4 End Yr 5 End 24,300 24,300 24,300 24,300 24,300 24,300 24,300 24,300 24,300 24,300 Discount on Bonds Payable Bonds Payable 270,000 16,601 270,000 270,000 270,000 270,000 270,000 270,000 270,000 270,000 270,000 270,000 253,399 270,000 270,000 270,000 270,000 270,000 270,000 270,000 270,000 270,000 270,000 Yr 6 End Yr 7 End Yr 8 End Yr 9 End Yr 10 End