Stang Corporation issued to Bradley Company $520,000 par value, 10-year bonds with a coupon rate of 12 percent on January 1, 20X5, at 102. The bonds pay interest semiannually on July 1 and January 1. On January 1, 20X8, Purple Corporation purchased $130,000 of the bonds from Bradley for $134,000. Purple owns 70 percent of the voting common shares of Stang and prepares consolidated financial statements.

please show how the table below was calculated

Explanation: Amort of nterest InterestDiscount Premium Bonds S PMT Expense (Premium) (Discount) Payable BV of Bonds PMT 1/1/20X8 $4,000.00 130,000.00 $134,000.00 1 7/1/20x8 7,800.00 7,605.84( 194.16)53,805.84 130,000.00 $133,805.84 2 1/1/20X9 7,800.00 7,594.82 205.18)53,600.66 130,000.00 $133,600.66 3 7/1/20x9 7,800.00 7,583.17( 216.83)53,383.83 130,000.00 $133,383.83 4 1/1/20X10 7,800.00 7,570.87( 229.13)53,154.70 130,000.00 $133,154.70