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Use the following schedule to answer all questions. Cash Paid Interest Expense Amount Amortized Carrying Amount of Bonds Date 8/1/17 $950,827 2/1/18 $50,000 $57,050 957,877

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Use the following schedule to answer all questions. Cash Paid Interest Expense Amount Amortized Carrying Amount of Bonds Date 8/1/17 $950,827 2/1/18 $50,000 $57,050 957,877 $7,050 8/1/18 50,000 57,473 965,350 7,473 2/1/19 50,000 57,921 973,271 7,921 8/1/19 50,000 58,396 981,667 8.396 2/1/20 50.000 58.900 990,567 8.900 8/1/20 50,000 59,434 1,000,000 9,434 Use the following schedule to answer all questions. Cash Paid Interest Expense Amount Amortized Carrying Amount of Bonds Date 8/1/17 $950,827 2/1/18 $50,000 $57,050 957,877 $7,050 8/1/18 50,000 57,473 965,350 7,473 2/1/19 50,000 57,921 973,271 7,921 8/1/19 50,000 58,396 981,667 8.396 2/1/20 50.000 58.900 990,567 8.900 8/1/20 50,000 59,434 1,000,000 9,434

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