On January 1, Dora purchases 175 of the $ 1,000, 7%, 15- year bonds issued by Splash City, with interest receivable semiannually on June 30 and December 31 each year.

Required:
Assuming the market interest rate on the issue date is 8%, Dora will purchase the bonds for $ 159,869.
1. Complete the first three rows of an amortization table for Dora.
2. Record the purchase of the bonds by Dora on January 1 and the receipt of the first two semiannual interest payments on June 30 and December 31.