subject: accounting subject

XYZ Company acquired $6,000,00012\%$ bonds on January $1,2023.$ Interest is paid annually. According to the bond agreement, the bonds are to be paid off in three equal annual installments, starting on December $31,2023.$ The effective interest rate for the bonds is $14\%.$ The entity's business model involves collecting contractual cash flows. On August $1,2024,$ the organization sold the bonds for $110$ of their face value.

$1.$ What is the present value of the bonds at the date of acquisition?

$2.$ What is the carrying amount of the bonds before selling?

Please make an amortization table.