Shaun White Adventure Company $($SWAC$)$ issued callable bonds on January $1,2024.$ SWAC's accountant has projected the following amortization schedule from issuance until maturity:

Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value

$01/01/2024$ $$256,295$

$06/30/2024$ $$10,800$ $$12,815$ $$2,015258,310$

$12/31/202410,80012,9162,116260,426$

$06/30/202510,80013,0212,221262,647$

$12/31/202510,80013,1322,332264,979$

$06/30/202610,80013,2492,449267,428$

$12/31/202610,80013,3722,572270,000$

SWAC issued the bonds for: