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Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $118,000 par value on January 1, 2017,
Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $118,000 par value on January 1, 2017, at a price of $113,864. The annual contract rate is 6%, and interest is paid semiannually on June 30 and December 31 1. Prepare an amortization table for these bonds. Use the straight-line method of interest amortization. (Round your answers to the nearest dollar amount.) Semiannual Unamortized Carrying Period-End Discount Value 6/01/2017 11/30/2017 5/31/2018 11/30/2018 5/31/2019 11/30/2019 5/31/2020 11/30/2020 5/31/2021
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