Vaughn Company sells 10% bonds having a maturity value of $2,390,000 for $2,217,700. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1, Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to O decimal places, eg. 38,548.) Schedule of Discount Amortization Straight-Line Method Interest Discount Expense Amortized Year Cash Paid Carrying Amount of Bonds Jan 1. 2020 $ $ $ Jan, 1. 2021 Jan. 1. 2022 I Jan. 1. 2023 Jan 1. 2024 Jan 1. 2025