The following information applies to the questions displayed below.] Coney Island Entertainment issues $1,300,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when:

The market interest rate is 6% and the bonds issue at a discount.

Issue Price: _______________

Date	Cash Paid	Interest Expense	Increase in Carrying Value	Carrying Value
01/01
06/30
12/31