Shut Industries, Inc. Inued $16.800.000 of 8 debentures on May 1, 2020 and received th ing $14906015. The bands ay interest Sem ua May 1 and November 1. The maturity date on these bonds is November 1, 2025. The firm uses the effective interest method of amorting discounts and premium. The bonds were sold to yield an effective interest rate of 10% Calculate the total bollar amount of discount of premium amortization during the first year 5/1/20 through 13021) bonds were outstanding (Round answers to decimal places 5.775) Interest Cash Interest Date 5/1/20 Discount Amortized Carrying Value of Bonds 11/1/20 51/21 Chich you would keto show Work for Bv cessing this Question Bostance, you will learn while you ar e and the