The following amortization and interest schedule reflects the issuance of 10-year bonds by Crane Corporation on January 1, 2014, and the subsequent interest payments and charges. The company's year-end is December 31, and financial statements are prepared once yearly. Amortization Schedule Year Cash Interest Amount Unamortized Carrying Value 1/1/2014 $19,143 $ 150,257 2014 $16,940 $18,031 18,052 151,348 2015 16,940 18,162 16,830 152,570 2016 16,940 18,308 15,462 153,938 2017 16,940 18,473 13,929 155,471 2018 16,940 18,657 12,212 157,188 2019 16,940 18,863 10,289 159,111 2020 16,940 19,093 8,136 161,264 2021 16,940 19,352 5,724 163,676 2022 16,940 19,641 3,023 166,377 2023 16,940 19,963 169,400