Question: Exercise 10-22A (Algo) Effective interest amortization for a bond premium LO 10-7 On January 1, Year 1, Hart Company issued bonds with a face value

Exercise 10-22A (Algo) Effective interest amortization for a bond premium LO 10-7 On January 1, Year 1, Hart Company issued bonds with a face value of $121,000, a stated rate of interest of 14 percent, and a five-y term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 13 percent at the time bonds were issued. The bonds sold for $125,256. Hart used the effective interest rate method to amortize the bond premium. Note: Round your intermediate calculations and final answers to the nearest whole number. Required: o. Prepare an amortization table

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