Oriole Company sells 9% bonds having a maturity value of $1,790,000 for $1,596,430. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1. Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to decimal places, eg. 38,548) Schedule of Discount Amortization Straight-Line Method Cash Paid Interest Expense Discount Amortized Carrying Amount of Bond Year Jan. 1. 2020 $ $ $ $ Jan. 1, 2021 Jan. 1. 2022 Jan. 1. 2023 Jan. 1, 2024 Jan. 1. 2025 eTextbook and Media