The following amortization and interest schedule reflects the issuance of 10-year bonds by Flounder 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 Amount Interest Unamortized Carrying Value 1/1/2014 $33,224 $99.176 2014 $13.240 $14.876 31.588 100,812 2015 13.240 15.122 29,706 102.694 2016 13.240 15.404 27.542 104,858 2017 13.240 15,729 25.053 107,347 2018 13.240 16.102 22,191 110,209 2019 13.240 16.531 18.900 113,500 2020 13.240 17.025 15,115 117.285 2021 13.240 17.593 10.762 121.638 2022 13.240 18.246 5,756 126.644 2023 13.240 18.996 132.400