Using a Discount Amortization Table (Straight Line) Panamint Candy Company prepared the following amortization table for $500,000 of 5-year, 9.2% bonds issued and sold by Panamint on January 1, 2025, for $421,000: Period Cash Payment (Credit) Interest Expense (Debit) Discount on Bonds Payable (Credit) Discount on Bonds Payable Balance Carrying Value At issue 79,000 421,000 06/30/25 $23,000 $30,900 $7,900 71,100 428,900 12/31/25 23,000 30,900 7,900 63,200 436,800 06/30/26 23,000 30,900 7,900 55,300