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Tano Company issues bonds with a par value of $ 9 8 , 0 0 0 on January 1 , 2 0 2 1 .

Tano Company issues bonds with a par value of $98,000 on January 1,2021. The bonds' annual contraxt rate is 7%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $90,537. Prepare a straight-line amortization table for these bonds.

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