Tano issues bonds with a par value of $87,000 on January 1, 2015. The bonds annual contract 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 $80,375.

Prepare an amortization table using the straight-line method to amortize the discount for these bonds

Semiannual Period-End	Unamortized Discount	Carrying Value
01/01/2015	$6,625	$80,375
06/30/2015
12/31/2015
06/30/2016
12/31/2016
06/30/2017
12/31/2017