Unger Autoparts Inc. issued $110,000 of 2%, 10-year bonds at a price of 83 on January 31, 2014. The market interest rate at the date of issuance was 5%, and the standard bonds pay interest semi-annually. 1. Prepare an effective-interest amortization table for the bonds through the first three interest payments. Round the amounts to the nearest dollar 2. Record Unger's issuance of the bonds on January 31, 2014, and payment of the first semi-annual interest amount and amortization of the bonds on July 31, 2014. Explanations are not required 1. Prepare an effective-interest amortization table for the bonds through the first three interest payments. Round the amounts to the nearest dollar. Unger Autoparts Amortization Table Interest Payment Interest Expense Bond Discount Bond Discount Bond (1% of Semi-annual (2.5% of Preceding Bond Amortization Account Balance Carrying Amount Carrying Amount (B A) (Preceding D C) ($110,000 D) Interest Date Maturity Value) Jan 31, 2014 July 31, 2014 1100 Jan 31, 2015 1100 July 31, 2015 1100