Given the Following Data, Prepare an Amortization Table (Use the Effective

Essay

Given the following data, prepare an amortization table (use the effective method)
1/1/10 - issue $800,000, 9%, 3 year bonds, interest paid annually on 12/31, to yield 8%
Use the following format (round to nearest dollar - may have a slight rounding difference);
Date Cash Paid Interest Exp. Amortization Bond Carrying Value