Exercise 9-17A Record the early retirement of bonds issued at a premium (L09-6) [The following information applies to the questions displayed below) On January 1, 2021. White Water issues $560,000 of 7% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 6% and the bonds issued at $624721. Exercise 9-17A Part 1 Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $619,169 on December 31, 2023. (Round your interest expense to the nearest whole dollar.) Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 624.721 $ 858 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 19,6001 s 18,742 19,6001 19,600 19,600 19,600 19,600