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[ The following information applles to the questions displayed below. ] Duval Company Issues four - year bonds with a $ 1 1 6 ,

[The following information applles to the questions displayed below.]
Duval Company Issues four-year bonds with a $116,000 par value on January 1,2021, at a price of $111,880. The annual
contract rate is 8%, and Interest is pald semlannually on June 30 and December 31.
Exercise 10-7(Algo) Part 1
Prepare a straight-line amortization table for these bonds.
Note: Round your answers to the nearest dollar amount.
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