On December 31 2011 Beauty Box Company borrowed 3 000 000 by
On December 31, 2011, Beauty Box Company borrowed $3,000,000 by issuing three-year, zero coupon bonds. The face value of the bonds is $3,240,000. Beauty Box uses the straight-line method to amortize any premium or discount.

Prepare an amortization table for these bonds using the following column headings:
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