Sanford Co. sells $513,700of8% bonds on March 1, 2014. The bonds pay interest on September 1 and March 1. The due date of the bonds is September 1, 2017. The bonds yield12%.

Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to 0 decimal places, e.g. 38,548.)

Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield
Date	Cash Paid	Interest Expense	Discount Amortized	Carrying Amount of Bonds
3/1/14	$	$	$	$
9/1/14
3/1/15
9/1/15
3/1/16
9/1/16
3/1/17
9/1/17