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[ The following information applies to the questions displayed below. ] On January 1 , when the market interest rate was 1 0 percent, Seton

[The following information applies to the questions displayed below.]
On January 1, when the market interest rate was 10 percent, Seton Corporation completed a $170,000,9 percent bond issue for $159,547. The bonds pay interest each December 31 and mature in 10 years. Seton amortizes the bond discount using the straight-line method.
3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest dollar.)
\table[[Period Ended,Changes During the Period,Ending Bond Liability Balances],[Cash Paid,\table[[Discount],[Amortized]],\table[[Interest],[Expense]],Bonds Payable,\table[[Discount on],[Bonds Payable]],Carrying Value],[Start,,,(1),,Z,],[Year 1 End,,,,,,],[Year 2 End,,,,,,],[Year 3 End,",,,,,c],[Year 4 End,,,,T,,],[Year 5 End,,,,,,],[Year 6 End,,,,5,,],[Year 7 End,,,,5,,],[Year 8 End,,:,,,,],[Year 9 End,,,,,,]]
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