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Use the following information for Cornerstone Exercises 9.29 and 9-30: On January 1, 2020, Ironman Steel issued $1,300,000, 8-year bonds for $1,340,000. The stated rate

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Use the following information for Cornerstone Exercises 9.29 and 9-30: On January 1, 2020, Ironman Steel issued $1,300,000, 8-year bonds for $1,340,000. The stated rate of interest was 7% and interest is paid annually on December 31. Required: Prepare the amortization table for Ironman Steel's bonds. (Note: Round to the nearest dollar)

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