Teal Company sells 10% bonds having a maturity value of $5,200.000 for $6,076.171. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1. Set up a schedule of interest expense and premium amortization under the straight-line method. (Round answers to O decimal places, e.g. 38,548) Interest Payable Schedule of Premium Amortization Straight-Line Method Interest Expense Premium Amortized Carrying Amount of Bonds $ Interest Year Payable Jan. 1.2020 $ Dec. 31, 2020 Dec. 31, 2021 Dec. 31.2022 Dec. 31, 2023 Dec. 31, 2024 Schedule of Premium Amortization Straight-Line Method Interest Expense Premium Cart Amortized Amount