Saved Help Save 00 ! Part 1 of 2 Required information [The following information applies to the questions displayed below) On January 1, 2021, Splash City issues $330,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 8% and the bonds issued at $307,576 10 points 02:12:06 Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $310.774 on December 31, 2022. (Round Interest expense to nearest whole dollar.) eBook Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value Hint 01/01/2021 08/30/2021 12/31/2021 06/30/2022 12/31/2022 Print References 8 of 12