Sheridan Ltd, issued $0.86 million of 5-year, 4% bonds dated May 1, 2021. for $899,655 when the market interest rate was 3%. Interest is paid semi-annually on May 1 and November 1. Prepare an amortization schedule for the first three interest payments. (Round answers to decimal places, c.8.5,275) SHERIDAN LTD. Bond Premium Amortization Table Effective Interest Method-Semi-Annual Interest Payments 4% Bonds Issued at market rate of 3% Interest Payment Interest Expense Premium Amortization Date Bond Amortized Cos $ $ $ $ May 1, 2021 Nov. 1. 2021 May 1. 2022 Now 1. 2022 Save for Later Attempts: 0 of 1 used Submit