Solar Energy Inc. issued a $906,000, 8.0%, five-year bond on October 1, 2023. Interest is paid annually each October 1. Solars year-end is December 31. Period Ending Cash Interest Paid Period Interest Expense Discount Amort. Unamortized Discount Carrying Value Oct. 1/23 $ 35,240 $ 870,760 Oct. 1/24 $ 72,480 $ 78,368 $ 5,888 29,352 876,648 Oct. 1/25 72,480 78,898 6,418 22,934 883,066 Oct. 1/26 72,480 79,476 6,996 15,938