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San Jose Company issued 5-year $200,000 face value bonds at 105 on January 1, 2012. The stated interest rate on these bonds is 9%. Use

San Jose Company issued 5-year $200,000 face value bonds at 105 on January 1, 2012. The stated interest rate on these bonds is 9%. Use the straight line method to complete the amortization schedule below.

Cash Payment Interest Expense Premium Amoritzation Carrying Value
1/1/2012
12/31/2012
12/31/2013
12/31/2014
12/31/2015
12/31/2016
Totals

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