On January 1, 2012, Thompson Company issues $4 million of 5-year, 8% bonds with interest payable on

Question:

On January 1, 2012, Thompson Company issues $4 million of 5-year, 8% bonds with interest payable on June 30 and December 31. Thompson amortizes any discount or premium using the straight-line method.
Required
Prepare a bond amortization schedule assuming the bonds were issued at
(a) 101
(b) 97.