Ellis Company issues $8\mathrm{.}0\%,$ five$-$year bonds dated January $1,2021,$ with a $$530,000$ par value. The bonds pay interest on June $30$ and December $31$ and are issued at a price of $$575,210.$ The annual market rate is $6\%$ on the issue date.

Required:

Calculate the total bond interest expense over the bonds' life.

Prepare a straight$-$line amortization table for the bonds' life.

Prepare the journal entries to record the first two interest payments.

Complete this question by entering your answers in the tabs below.

Required $3$

Prepare a straight$-$line amortization table for the bonds' life.

Note: Round your intermediate and final answers to the nearest whole dollar.

$\backslash$table$[[\backslash$table$[[$Semiannual Interest$],[$Period$-$End$]],\backslash$table$[[$Unamortized$],[$Premium$]],$Carrying Value$],[\frac{01}{01}\frac{?}{2021},,],[\frac{06}{30}\frac{?}{2021},,],[\frac{12}{31}\frac{?}{2021},,],[\frac{06}{30}\frac{?}{2022},,],[\frac{12}{31}\frac{?}{2022},,],[\frac{06}{30}\frac{?}{2023},,],[\frac{12}{31}\frac{?}{2023},,],[\frac{06}{30}\frac{?}{2024},,],[\frac{12}{31}\frac{?}{2024},,],[\frac{06}{30}\frac{?}{2025},,],[\frac{12}{31}\frac{?}{2025},,]]$