ULLULTUR BLA NEA ES Question 20 Tamarisk Industries, Inc. issued $16,500,000 of 8% debentures on May 1, 2020 and received cash totaling $14,639,836. The bonds pay interest semiannually on May 1 and November 1. The maturity date on these bonds is November 1, 2025. The firm uses the effective-interest method of amortizing discounts and premiums. The bonds were sold to yield an effective-interest rate of 10%. Calculate the total dollar amount of discount or premium amortization during the first year (5/1/20 through 4/30/21) these bonds were outstanding. (Round answers to 0 decimal places, e.g. 5,275.) Interest Expense Cash Interest Discount Amortized Carrying Value of Bonds Date 5/1/20 s 11/1/20 $ 5/1/21 Total $ Click if you would like to Show Work for this question: Open Show Work SUBMIT ANSWER Question Attempts: 0 of 1 used