Riverbed Co$.$ is building a new hockey arena at a cost of $$2,600,000.$ It received a downpayment of $$460,000$ from local businesses to support the project, and now needs to borrow $$2,140,000$ to complete the project. It therefore decides to issue $$2,140,000$ of $12\mathrm{.}0\%,10-$year bonds. These bonds were issued on January $1,2024,$ and pay interest annually on each January $1.$ The bonds yield $11\%.$

Click here to view factor table.

$($a$)$

$($b$)$

Prepare a bond amortization schedule up to and including January $1,2028,$ using the effectiveinterest method. $($Round present $v$ to $5$ decimal places, e$.$g$.1\mathrm{.}2435$t

answers to $0$ decimal places, e$.$g$.38,548.)$