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click on picture to see bond info provided in the second image Requirement 1: Using Excel Software, prepare an Amortization Schedule for the 20 periods

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click on picture to see bond info provided in the second image
Requirement 1: Using Excel Software, prepare an Amortization Schedule for the 20 periods the bonds will be outstanding. Use the effective interest rate method of amortization. Use the following heading for your amortization schedule. For full credit, all numerical columns are required to be computed using excel formulas. Note: on 12/31/31 (the last interest payment), add $186 to your interest expense amount, this should make your Unamortized Discount balance zero. The $186 difference because effective interest rate is not exactly 12%. Date Cash Paid Interest Expense Amortization of Discount Unamortized Discount Carrying Value of Bonds Make sure to provide column totals for the "Cash Paid", "Interest Expense", and "Amortization of Discount" columns. On January 1, 2022 the Dean Corporation issued $10,000,000 of 10% bonds, dated January 1, interest is payable semiannually on June 30 and December 31. The bonds mature in 10 years. The effective interest rate is 12%. The issuance price is $8,852,950

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